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.

A New Payment Method

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Since I introduced Slope+ about a month ago, the only complaint – – if you can call it that – – I’ve received is that it requires Paypal for payment. Some people really dislike Paypal, and although they wanted to subscribe, they wouldn’t do so until I offered a different way to pay.

I am delighted to let you know that our “not Paypal” payment method is in place and ready to use.

Now when you go to the subscription page (which is https://slopeofhope.com/socialtrade/me/profile?tab=plus) you’ll see this new choice:

0501-notpaypal

This way, you don’t need a Paypal account. All you need is a credit card, and voila, you’re done.

If you’d like a refresher as to what Slope+ is all about, the page is http://slopeofhope.com/page/slope-plus.html

As an additional incentive to sign up, I’ve created a coupon code – notpaypal – which you can enter to get $19.95 off either the monthly subscription (which is like getting a month free) or the annual subscription (which is like getting three months free, since the annual is already discounted).

(As an extra-extra incentive, there’s no way I’m dumb enough to keep charging this cheap price forever; I’m already planning to crank up the price in a couple of months; so you can lock in the Tim-is-dumb price now, if you want).

I hope to see you on Slope+

Mayday

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It is the first of May today and the equity markets are at an important inflection point. A break up here with any confidence will most likely run quite a bit further, and a break down here with any confidence has a good chance of delivering a retracement to the 200 DMA on SPX (currently at 1460), and might perhaps even be the end of the current cyclical bull market. I showed the importance of resistance on SPX in this area on the standard chart last week, and here it is on the monthly LOG chart since 1980 today, with some comments on what this setup may say about whether we are still in a secular bear market. This is a really very significant resistance level on SPX regardless: (more…)