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.
A handwritten letter arrived in my mailbox last week from a reader. In it was a note from whom I would guess is an elderly gentleman, thanking me for my work both on Slope and on Tastytrade, but politely asking me to use the phrase “God damn it” less frequently, since he found it upsetting.
The handwriting on the paper trembled like leaves in an autumn breeze, and it was obvious it took time and effort to send me this two-page missive. It meant something to him.
It never occurred to me that I ever used this phrase in a video, let alone often enough to cause concern. All the same, the letter, as with the many other letters I have received over the years, made an impression. For one thing, it made me wonder how angry I must be in order for this kind of sentiment to seep through, since I wasn’t even aware I was saying it.
Which leads me to the topic at hand. Specifically, a man. A terribly deformed man whom I think about almost daily. For now, I’ll call him Sup. (more…)
A little more than a year ago, I did a post with a typically subtle headline: “Why Google Glass Will Fail Miserably“. Well, this just appeared in Reuters, and although its headline isn’t as blunt as mine, the article pretty much states that Glass is every bit the flop I predicted it would be.
Some highlights from the article……
+ “Of 16 Glass app makers contacted by Reuters, nine said that they had stopped work on their projects or abandoned them, mostly because of the lack of customers or limitations of the device.”
+ Among the developers, one small, unimportant outfit that’s ditched Glass is a firm named Twitter
+ Glass now sells on eBay for as little as half list price.
+ “Alex Foster began See Through, a Glass advertising analytics firm for business, after a venture firm earlier this year withdrew its offer to back his consumer-oriented Glass fitness company when it became clear no big consumer Glass release was imminent.”
+ And the corker: “It looks super nerdy,” said Shvetank Shah, a Washington, DC-based consultant, whose Google Glass now gathers dust in a drawer. “I’m a card carrying nerd, but this was one card too many.”
There are a couple of hurdles miners (by way of the GDX fund) need to get past in order to not simply roll over yet again and flop lower: $19.57 at the gap (lower arrow) and overhead supply at 20.05 (the upper arrow). I have no position, but I’m skeptical; I think miners are about to poop out.
Here’s today’s swing-trading watch-list:
Long Altera (ALTR)
Big Ass Shooting Star candlestick pattern on Apple. It’s a reversal pattern. A big one. Let’s see if it sticks. (I actually had a hilarious alternate way to offer up this sentence, but I shall refrain).