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.

William Dudley Comes Through!

By -

Moments ago, this dropped into my email’s inbox with the subject line of FEDERAL RESERVE FUNDS. Looks like it’s my lucky day. I’ve highlighted some particular important bits. Suffice it to say, there’s no need for me to be hanging around Slope, scraping up pennies with ad dollars any more:

FEDERAL RESERVE BANK OF NEW YORK
(SERVING THE SECOND DISTRICT AND THE NATION)
33 LIBERTY STREET NEW YORK, NY 10045. USA
WEBSITE: WWW.NY.FRB.ORG//OUR REF: FRB/NY/TDT/US/XX15
E-MAIL: FEDERALRESERVEBNK@FOXMAIL.COM

NOTIFICATION OF CREDIT FROM BANK FEDERAL RESERVE BOARD NEW YORK.

Urgent Attn:

This is to officially notify you that, after series of meetings held on over the months with the Secretary General of the United Nations in United State of America, which has came to a halt that it is obvious that you still haven’t received your fund valued at US$11,000,000.00 (Eleven Million United States Dollars) as a compensation funds awarded to you.

(more…)

AAPL Approaching Critical Support

By -

AAPL (Apple Inc) has now fallen to horizontal support where a reaction (i.e.- bounce and/or consolidation) is certainly possible although I have no interest in trying to play a bounce in the stock. In fact, I am short the QQQ’s (in which AAPL is by far the largest component) and with both the intermediate & short-term trends currently bearish, my preference at this time is to sell the rips, not buy the dips.

AAPL daily July 9th
AAPL daily July 9th

(more…)

Not Quite Groundhog Day

By -

Well this is all looking familiar. Yesterday closed down hard after a day of relentless selling with a close just under the 200 DMA, and SPX is looking set up to gap up big overnight. Is it Groundhog Day? No, I don’t think so, though the similarity is certainly very striking. At the end of the day though yesterday was just a very odd looking inside day, with no break either of Wednesday’s high or low, SPX daily chart:

150710 SPX Daily Patterns BBs MAs

(more…)

Do NOT follow this link or you will be banned from the site!