Palo Alto is clearly a town that values good design above all else.
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.
One Launching, One Failing
Welcome to a new trading year, everyone. It looks like the animal spirits continue to run strong for equities, as just about every asset class is in the green. One zone in particular which is looking like it’s truly breaking out for another leg up is crude oil. Perhaps the big OPEC deal has more legs than people gave it credit for.
2016 Market Wrap-Up: S&P 500 Index, SPX:VIX Ratio & USD
This post will outline how the S&P 500 Index and the SPX:VIX Ratio performed throughout 2016 and how they ended the year. It will also take a look at where the US Dollar Futures Index finished up.
S&P 500 Index
The following four charts of the S&P 500 Index will depict how 2016 ended, on a yearly, quarterly, monthly, and weekly basis.
Each candle on Chart #1 represents a period of one year.
After breaking out to all-time highs and above major resistance, the 2016 candle closed near its high, after re-testing last year’s low and the close and open of the 2013 and 2014 candles, respectively. It would appear that, after shaking out short-sellers, the bulls are firmly in control of upward momentum. We’ll see if the Momentum indicator makes a new high on the 2017 candle…a distinct possibility, if price can remain above major support at 2100. If price drops to that level, we’ll see a rise in volatility, and, if price drops and holds below that level, volatility will rise drastically.
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Chart #1 SPX Yearly |
Locked and Loaded Part 3 of 4
Below are some of the stocks that I am already short in my portfolio. My intent was to provide charts for every single one of my positions, but I only got through the first three letters of the alphabet before I decided I had enough. Parts 2 and 4 will be for Slope Plus only. Here you go:
