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.

The Political Endgame of Obamacare

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Emailed to me from a fellow Sloper…….

Last week I received a package from my employer indicating actions required due to the Affordable Healthcare Act. A nice package indicating the “fast facts” and Marketplace Options. I do not believe that these changes will have immediate significant impacts on premiums, care, and coverage (especially for individuals working for the government or large corporations).  (more…)

Recency Bias

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I lost four twitter followers over the weekend and I suspect that was because I posted the SPX 1min chart below after the close on Friday with the comment that it was very possible that SPX would gap down at the open today from the clear 70% rising wedge that had formed on Thursday and Friday. After two days of bullish action, and with many bulls declaring victory on twitter, I dare say my comment seemed improbable but patterns like these will generally deliver. If analysis by extrapolation worked then the best times to buy would be when bulls are most confident and the best times to sell would be when bears are most confident. In practice though the exact opposite is generally the case. SPX 1min chart: (more…)