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.
Help Me, Obi-Wan Kenobi
Of the past fifteen trading days, two – count ’em – TWO – have been down (and only slightly) as measured by the S&P 500. Since April 15, the S&P 500 is up about 7.5%. Every single day seems to bring a lifetime high – LIFETIME, mind you – to the stock market. You can imagine how delighted I am at all this. One wonders what on earth I’ll be able to write about this weekend.
In any event, the S&P 100, as shown below, is right at its long-term trendline. Next week sure as hell better start weakening, or else a bad situation is going to get a whole lot worse (and, with the VIX threatening to break into the single digits, anything is possible). (more…)
Jump In the Drink
Instead of today’s normal bar scene, we raise our virtual glasses to the brave men in the sky and on the ground 70 years ago today………
TCK Tock
It’s been a rotten week for equity bears (Week? How about Month? Year? Half-Decade?) There are still a few good charts out there, though, even in the face of general equity strength. One of them is Teck Resources, which I am long puts and short the stock. It has finally started marching steadily downward.
