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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The quarter’s end is upon is, and all in all it’s been a total meh. Month after month, CB-driven lifetime highs on the indexes. I’ve been able to survive this continuing debacle surprisingly well, and one of my many short positions that I’m still cheering is FInish Line. I’ve shown it before, but this is a classic topping pattern which I believe will succumb swiftly to the slightest bit of market weakness, if such a thing is ever permitted again.


Volatility Heats Up…Summer Selloff Ahead?

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The following three ratio charts compare the strength of the NDXRUT, and SPX with their respective Volatility Index.

The following NDX:VXN ratio chart shows that NDX is sitting in a precarious spot at a rising trendline, but well below what is now major resistance. All 3 technical indicators are still in “SELL” mode, as rising volatility outstrips price performance.