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.

Toll-Free Tech Support

By -

Well, the market – – especially the high-tech-laden NASDAQ market – – had been in full-blown swoon mode last night, but around the level 5640, it found the same support it had found twice before. The Powers That Be aren’t too keen on red quotes on their screens, and sure enough, Goldman Sachs fell all over themselves to come out with a report with a projection the S&P 500 a full 100 points higher at year-end than their prior report. All the same, I suspect this third test of the support shown below will be the last. Just one more bit of meaningful bad news will push us lower enough to magically change the role of that line from support into resistance.