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 Riskell 2000

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Well, between Carly Fiorina, Elizabeth Holmes, Marissa Mayer, Hillary Clinton, and Janet Yellen, I hope the people of earth have gotten past their “gee things would be better if only women could run everything” delusions. The ability to suck is spread evenly among the genders.

Speaking of females and sucking, Yellen is front-and-center on the world stage again tomorrow, and assuming she doesn’t faint at the podium, the old biddy will tell us what she and her minions have decided is best for her friends at Goldman Sachs the middle class. I’ve got a blend of energy longs and various equity shorts, and I’m fairly light.

Wednesday should be interesting, to put in mildly, and I’m keeping an eye on the upside risk of the Russell, which is about 6.5%. Good luck, everyone. Especially me.


Banks Strong Ahead of FOMC

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Ahead of the FOMC decision tomorrow morning, the banks are moving in anticipation of a rate hike that is expected to improve– perhaps significantly– their net-interest profitability.

Be that as it may, Bank of America Corporation (BAC) remains poised to enter a new upleg off of its Aug-Sept spike lows in the vicinity of 14.60, and to emerge from a larger, near-2 yr sideways, bullish-digestion period, the result of which, has the potential to thrust BAC to 19.50-20.00, in route to 23.00-25.00, thereafter.


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