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 need your opinion to help me make an important decision, please.
Slope of Hope is 9 1/4 years old. It is as close a thing I have to a “job” in my life, and unlike most jobs, it’s a 365 days/year gig. It’s my choice, of course, to be that obsessed with the blog, and I think my obsession is a big part of what’s kept it thriving over this ridiculous span of time.
Back during the financial crisis (remember that?) I was up to my neck in advertising revenue. It was awesome enough I was virtually printing money via short-selling; the tons of cash from ads was just icing on the cake. (more…)
Since my post of June 8th (wherein I noted that the SPX:VIX ratio had overshot its technical resistance limit, and price and Momentum had reached all-time record highs), price has been fluctuating, primarily above the 150.00 level, currently near-term support, as shown on the following 20-year Weekly ratio chart.
As long as price remains above 150.00 I’d say that buying will re-enter the SPX and push price even higher on this ratio. We’ll see whether Momentum confirms, if such a scenario occurs…and, if it signals support for any sustained buying above resistance at 180.00. (more…)
One Sloper recently emailed me, suggesting I take a look at Sturm Ruger as a short sale candidate. It’s worth a shot! Heh.
Here’s today’s swing-trading watch-list:
Long Ryland Group (RYL)