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.
Social’s Strength
This has definitely been a great year for social media stocks. One look at the ETF symbol SOCL shows they continue to break away, virtually unabated (LNKD notwithstanding): (more…)
Homebuilders Break Out
That Time of Year For This
Smoke Signals
I was asked a very good question on Friday, namely why I had looked so carefully in the morning at a bear setup that was likely to be demolished at the open. There are two main reasons for that and they are first that my role is to look at the market and interpret what I see in terms of patterns and setups. It’s not for me to ignore anything I see that doesn’t fit what I am expecting to see, and I did qualify the bear setups with the comments that my overall lean was strongly bullish, seasonality and the GDP figures were bullish, and that the setup might well just break up into new highs, as it then did. The second reason is that seeing these patterns form and be steamrollered by bulls is of itself a strong signal that we are back in a strong wave up, and after these patterns broke up into new highs on Friday any remaining doubts in my mind about that were put to rest. (more…)
