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.
I’m keeping it short tonight.
The market pushed ever higher today, but I’m not so sure the bulls can call it a victory just yet.
Yes, we are watching lifetime highs in the IWM, but we are also hitting short-term overbought readings with an enormous unclosed gap underneath…a recipe for bearish success. (more…)
It seems that a deal on the budget and the debt ceiling that will cover the next few months is likely to be done this week. That will be a relief as this news-heavy environment hasn’t been making calling direction easy. After a deal is done hopefully we’ll see a return to just the usual fedwatching and earnings. (more…)