Slope of Hope Blog Posts
Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
The View From Here
Unstoppable Google
As many stocks as I trade, and as many positions as I have, one of the few stocks I have hardly ever touched in my life is Google. It’s odd, too, since I have a closer relationship to the company than most. My own startup, Prophet, was funded by the same fellow who gave Google their initial investment (Andy Bechtolsheim), and a lot of my friends have worked, or continue to work, at Google.
The stock chart itself has never really grabbed my attention; it’s sort of the blue chip of technology stocks, and today it is showing its colors well as it pushes to another lifetime high. (more…)
SPX Breaks Up
SPX was underneath some formidable trendline resistance on Friday, but broke it all on Friday morning. Most notable of the broken resistance trendlines was the trendline from the 2000 high, as I have been thinking of the pattern since then as the secular bear market pattern. Whether that’s right or not that trendline is now broken:
