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.

January 2018 Market Wrap-Up

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We could see a tepid recovery of yesterday’s “shock drop” in equities (as I described here), until the Fed’s next interest rate hike (possibly in March), to send Major Indices to levels somewhat higher than their recent all-time highs. But, we’ll likely see higher volatility remain in play and, possibly, more wild price swings, until then.

As I promised in that post, here’s January’s month-end summary.

DOW 30 INDEX

The first daily chart shows that the Dow 30 Index failed to fill yesterday’s gap down and closed 100 points above its low of the day.

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A Loss of Face

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I first want to apologize for being so non-productive today. I’m pretty sick, so I’ve been spending an exorbitant amount of time in bed surrounded by concerned (well, maybe not) dogs. But Slope must go on, so I wanted to crank out something.

Facebook reported after the close, and although it looks pretty much unchanged at the moment, it was a wild ride so far. I’m on my computer ALL the time, but even I’m amazed Facebook makes as much money as they do. I guess I’m having trouble seeing it, because I spent, tops, 20 minutes a MONTH on Facebook, if that. Anyway, they say they are seeing usage start to slip a bit.

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