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.

Bear Window Closing

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My daughter is getting braces tomorrow morning and I’m going with her so I’m unlikely to manage to put a post together before the open tomorrow. I’ve given this some thought and decided to do a short post tonight and then if I see anything else worth posting before the open tomorrow I’ll post it on twitter then or, if I get back in enough time before the open, I might manage to put up another short post then, but at the moment I think that’s unlikely.

SPX had a decent day yesterday, closing on the key resistance level at 1861 that I flagged as an important bull/bear level in the morning. That may hold tomorrow, as the stats for the last day of the second quarter are bearish, with Dow showing 33% positive closes over the last twenty years or so and SPX at 38%. I looked at the last ten years of these on SPX in detail and pulled out the following interesting points: (more…)