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.

The Nightly Bounceback

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It’s become a joke lately – – the market will sell off during the evening, sometimes gaining real momentum, and then – – voila! — it’s all gone. It’s happening again as I am typing this at 5:25 in the morning. I had woken up at 2:33 and glanced at my iPad and noticed the ES was down over 17 points. Nice! But I’ve grown cynical enough to accept it wouldn’t last. And, yep, as I stand here, it’s down less than 10. I guess the algos still have some work to do before it’s totally gone. Again.

1115-bounce

I read a comment one guy posted that said the easiest trade in the world these days was to buy any opening-bell dip and sell at the end of the day. It’s almost like an ATM machine. Something tells me he’s on to something.

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