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.
Happy Friday, everyone. Greetings from the Starbucks on the Google campus, where I’ve spent so many days and nights writing about the market while charging up the ol’ car. While I am usually quite prolific, my writing output cranked way down the past couple of days (and, hey, what’s with Springheel Jack? He used to be like clockwork, and now it’s like a post or two a week?) Anyway, I intend to resume my accustomed output.
As a comment cleaner, though, I’ll share a brief thought or two with respect to Elliott Wave. Many people – – the vast majority, it seems – – scoff at this realm as a ridiculous pseudo-science, akin to astrology, tarot card reading, or using planetary cycles. They could be absolutely right. But I haven’t utterly dismissed it.
CBL & Associates is one of those short ideas I mentioned so often here on Slope and on tastytrade that I got embarrassed to mention it again. Here’s just a small sample from the past few months:
Over three years ago, October 24, 2014, I wrote a post called Pandora’s Box in which I stated, in part, “with all the effort Apple was putting into Internet radio, Pandora might not be in a great spot.” Yeah, “not a great spot” is an understatement, showing it’s not a great idea to ever try to go against Apple in any business. The stock is down about 85% and is at this very grinding at never-before-seen lows. I’ve marked with an arrow the date of the Slope post.