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.


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.


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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