Slope of Hope Blog Posts
This is the heart and soul of the web site. Here we have literally tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. You can also click on any category icon to see posts tagged with that particular category.
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.