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.
Recognize Anyone?
A Sloper sent me the amusing item below; although it’s about Facebook, I definitely recognize a few folks from the comments section. (more…)
Are We Finally Ready to at Least Ease Off the Highs?!?
Below is the Russell 2000 index with my “power quartet” of technical indicators. The day isn’t over, but this might be the first day IN THE ENTIRE MONTH OF JULY that we get even a little bit of selling. (more…)
The Basic Difference Between Up and Down
Low Volume Crawl Upwards
I understand that yesterday was the lowest volume day of the year on ES, and in these low volume doldrums ES tends to inch upwards as it has been doing since Thursday morning. SPX closed almost five points under the daily upper bollinger band yesterday, though it’s still in the right area and I’m not seeing that as a significant sign of weakness yet. SPX daily chart: (more…)