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 Day I Ran Over a Guy with my Car

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Having written this blog for nearly nine full years, I sometimes worry if I will run out of material. The markets usually provide me plenty to talk about, but sometimes I get sick and tired of talking about charts and want to mix it up a bit. I don’t want to go “full Altucher” on everyone, rehashing tales over and over again just to keep your interest, but I want to deliver writing that’s interesting and engaging. I don’t think too hard on this, because usually – like tonight – a light bulb appears above my head. What follows is the light bulb’s glow. (more…)

Insurance in Wonderland

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The following is excerpted from the October 13 edition of Notes From the Rabbit Hole. The segment followed a review of NFTRH’s big picture stance on gold vs. various assets positively correlated to the global economy. Specifically, the previous segment concluded that yes, the NFTRH big secular view is under threat by a technical analysis signal favoring US stocks over gold on the big picture per this monthly chart of SPX-Gold. NFTRH first began managing this as the bottoming pattern broke above its neckline and then the EMA 10 crossed above the EMA 20 for the first time since 2001. (more…)

Ignore the Noise…Focus

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“What do you think about the latest government fiasco?”

That’s a question I often receive. My typical response, I don’t care. Okay, that may be a bit harsh, but it is true. For the most part I really don’t care about the daily news that flows in and out of the market. I am an options trader. I trade strategies based off probabilities. I create statistical advantages based on my current market assumptions. (more…)

The Big Day

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Some weeks ago, when President Obama stated firmly that he would not negotiate with the Republicans over the budget or the debt ceiling, I remarked to somebody that it wasn’t that encouraging for those wishing for a successful resolution of this crisis that the Republicans, particularly the Tea Party, were unlikely to pass a bill without concessions, and the Democrats were refusing to consider any concessions. After all, all that is required for default is a failure to agree anything to avoid it. (more…)