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.


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“As goes January, so goes the year.”

What a bunch of unmitigated crap. January was amazing. We started off instantly with a big drop, and the bulls were terrified and utterly on the run. It looked like 2016 was, at long last, going to be the Year of the Bear.

Ummm, nope. Indeed, as hope got smothered slowly since February 11, the final blow was dealt on May 24. There wasn’t even any particularly big news that day. But, from a charting perspective, that was the moist pair of fingertips that pinched the softly-glowing wick at the top of the candle and snuffed out ursine hope. I’ve tinted the fateful day in green. Since then, the market has been, quite reliably for the bulls, simply creeping up day after day. We are, as I type this, at new highs for the year.