Having been involved with high-tech since 1979, and having lived in Palo Alto since 1984, I have some acquaintance with the psyche of the Silicon Valley. It has long been a very imitative place, in spite of its frequent self-praise with respect to innovation and “outside the box” thinking (the phrase itself being quite cliche and, itself, very inside-the-box).
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.
The market is boring my tits off today (which I should probably welcome, all things considered), so I’m working on a “Best Of Slope” post for this afternoon. As for the market – meh – we’re heading to lifetime highs on some indexes, but luckily for me the pain is greatly diminished thanks to good ol’ crude oil and the energy companies. See ya!
It’s official. In a world of war, poverty, disease, and hunger, we have to come this. Jesus.
There’s not a great deal to add on SPX today. Bulls failed to recover over the daily middle band yesterday but did establish a three touch rising support trendline from the 2067 low. This is a springboard to attempt the marginal new high that I’m looking for here in the next trading days and the big gap up is a promising start to that. On a break below that rising support trendline the chances are that both the short term and 2015 high would already have been made. SPX 5min chart: