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.
After reading the “0.1% Problems” post on ZeroHedge (which was about a snippet from a local paper about a fellow complaining that billionaires can get whatever they want, whereas ‘average millionaires’ in Palo Alto cannot), I thought I’d share a property listing with you good people in case you want to join me here in my fair city (my house, mercifully, I bought into back in 1991 when prices were merely above-average, and not insane).
May I present to you 258 Middlefield Road, Palo Alto, California, which is located within walking distance from my house and is a mere $1,800,000 (well, that’s the asking price, but it’ll probably go for more). The property features ample storage in the back…….. (more…)
The following four 3-Year Daily charts show the relative strength/weakness of the SPX compared with the WORLD Index.
Chart #1 shows a fairly steady climb of the SPX during the past three years. Recent action in October has put in a lower low and broken the uptrend on this daily timeframe. Lower lows have also been made in all three indicators (RSI, MACD & Stochastics)…hinting of further weakness ahead.
Chart #2 shows a more difficult climb of the WORLD Index once it broke above major resistance in January of 2013. This market topped out in July of this year, lost all of its 2014 gains, along with much of its 2013 gains, and hasn’t yet recovered. (more…)
This is a good example as to why it’s a good idea to avoid “story stocks”. With the ebola scare, the handful of stocks that have anything to do with it went skyrocketing. One of them, Alpha Pro Tech, went up triple digits (in percentage terms) within days. All those gains were undone in a short amount of time as well. Take a look at LAKE for the same kind of 180 degree flip.
Here’s today’s swing-trading watch-list:
Long Apple (AAPL)