The big news here in Palo Alto (if you want to call it big news……) is the grand opening of the huge Apple store in the oh-so-chic Stanford Shopping Center. They’ve been building the place for months and months, keeping it hidden behind a giant curtain. Everyone knew it was being constructed, but Apple thought they’d pretend it was a big secret. (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.
Nothing but Longs Video
Dow Jones Forecast Based on Past Cycles
W D Gann was a master at finding patterns in the past to guide the future.
W D Gann forecasters are following this chart:
Two patterns from the past with a correlation greater than 90% below. The more data in the pattern with a high correlation is more significant than short time frames, simply as they are rare.
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Investing Quote…
…”In the long run commodity prices are governed by one law – the economic law of demand and supply”..
Jesse Livermore
..”If you have trouble imagining a 20% loss in the stock market, you shouldn’t be in stocks”..
John (Jack) Bogle
Homebuilders Setting Up for New Tumble
Is Elon Losing His Elan?
Over the past several months, the media has been chock-full of articles about how Elon Musk is “the next Steve Jobs” (unlike, say, that nitwit Kayne West who declared, referring to himself in the third person, that he, in fact, was going to take that role). (more…)