I just completed a book that’s been on my reading list for quite a long while. It’s by a Hungarian dancer called Nicholas Darvis and is titled is “How I made $2,000,000 in the Stock Market”. The book is written in the first person and chronicles Mr. Darvis’ journey in investing during the 1950’s. (more…)
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.
What Happens Next Is Meaningful For Apple
Monday will not only be an interesting day as to see what Apple® is going to roll out at its annual 
World Wide Developer’s Conference (WWDC). It could be one of the most significant days in its post Job’s history.
Unlike politics there comes a point where you can no longer lay blame or receive continued praise based on the length of coat-tail left from your predecessor. In business there’s a moment where everyone including you understand – It real is your baby now. (more…)
Money Flow for June Week One
Further to my last Weekly Market Update and its Addendum, this week’s update will look at:
- 6 Major Indices
- 9 Major Sectors
- SPX:VIX Ratio
- SPLV vs. SPX vs. CRX
- Various World Markets
- Stocks Above 20/50/200-Day Moving Averages (more…)
The Great Crash of 2013
People sure to change their minds in a big hurry. If you had chatted with traders on Wednesday morning, they were convinced we were finally heading lower. The Elliott Wave folks talked about how we were in wave 3 and how it would be a “wonder to behold”. (Conveniently, the same folks are now saying that we’re in wave 5 and will see higher highs………the magic of Elliott Waves is that one can never, ever be wrong, because there’s always an alternate count).
Well, just a couple of trading days later, everyone’s changed their tune. The consensus seems to be that the five or six days of selling we experienced constituted the entire “down” market for 2013, and now that we’ve filled the gaps in most index charts, it’s up-up-and-away time again. (more…)
Jobless Beach Bar
