I’d be lying to you if I said today didn’t suck. For me, one picture pretty much captures it all: until 11 a.m. PST, my portfolio was contentedly gaining in value, enjoying the slippage of small-caps; the moment the Fed announcemnet hit, all hell broke loose, and I was stopped out of about a quarter of my positions. Absolutely zero fun. (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.
Harry Boxer’s Charts of the Day
Gold Near Gap
Leading Sectors
The RTT Market Timer highlights signs of strength (SOS) in the SP500 that usually result in a change in trend from bearish to bullish. The Richard Wyckoff way to select the leading sectors, then the leading stocks. On the charts below are colored triangles, the reader must understand not all are selected for trading, each is judged on its merits and the news of the period. Site members are of course free to act as they wish. (more…)
Hank’s a Lucky Man
I am enjoying the new NetFlix documentary about Hank Paulson and the financial crisis. I haven’t gotten to the end yet, but my biggest impression is one I least expected: how impressed I am with his wife and their relationship. Wendy Paulson, his wife of forty years, is quite obviously the guy’s bedrock. She’s intelligent, supportive, discerning, and obviously loves the man deeply. He turned to her at the worst moments of the crisis, and she always had the right thing to say. If you watch “Hank”, I think you’ll probably get the same impression. He’s a lucky man.