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.

Time Periods in SlopeCharts

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I am delighted to let you know about another improvement in SlopeCharts. It may seem trivial, but it has been by far the most requested improvement:

1005-period

Yep, now you can choose how much historical back data to fetch (For PLUS users, this includes pre-fetching!). I didn’t include this feature at first, because I’m an All Data kind of guy. However, some people prefer short time periods, and obviously you’ll enjoy faster load times with less voluminous data.

There’s really not much else to say……jump to SlopeCharts and try it out by clicking the Preferences icon on the extreme right.

Red Jobs

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Well, naturally they’re blaming the hurricane season, but for the first time in seven years, the monthly jobs report shows a loss. That’s rather remarkable……..nearly 90 months of steady gains (although, mysteriously, an ever-rising mass of people who have dropped out of the labor force forever), and suddenly a red bar. From ZH…….

Strangely, the ES and NQ are down (for the moment), even though their normal reaction to ANY news………any news at all………is positive. Let’s see if it sticks.

I’m particularly delighted that crude oil is getting beaten down, as I somewhat woozily did a post for my PLUS members, in the face of a horrific crude oil rally, indicating that it was going to be a one-day wonder and that we’d turn lower. The market gods have smiled upon me (and SlopeCharts) and made it so. (At the time I wrote, “The surge today has done nothing more than close up the gap(almost) between September 29 and October 2. In addition to this, we remain below the symmetric triangle. Until and unless USO actually crossed above $10.70, it seems to me price bias is to the downside.”)

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