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.

Letting Go

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There’s an old saying about how the opposite of love isn’t hate………it’s apathy. I guess there’s some truth to that. I’m definitely feeling it now with respect to the equity “markets”. Years ago, I was madly in love with them. These days, it’s the opposite. But I’m not feeling angry. I’m feeling more like this.

Recent trading has kinda pissed me off. On the last day of the year, there was a false bullish breakout (left green tint) followed by a hard break of the triangle (magenta). So far, so good. But in the first trading day of 2018, the ES pushed right back into the triangle pattern and, bang, above it again. I’m typing this on Tuesday evening, so who knows what it’ll be doing by the time you read this. But as I sit here now, I tell ya, it’s a pisser.



What Does The Analyst Who Called For The 2016-2017 Market Rally Say About 2018?

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By Avi Gilburt,

As Ecclesiastes notes, “There is nothing new under the sun.” This, too, applies to the stock market.

The average investor trap is the same throughout whatever period you wish to review. Markets become overexuberant, see a correction, sentiment resets, and markets rally on to their next phase of overexuberance. It is really that simple. Yet, we overcomplicate matters by relying on economics and fundamentals, which have proven to be relatively useless at major market turning points.