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.

Tell Me Your Troubles

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What a weekend this has been. We’ve deployed the new site and have, over the course of 48 hours, improved the state of affairs from a “D-” to about a “B+”. I have a laundry list of stuff we have to fix, much of it tiny, but a few of the more obvious problems that I already know exist are:

  • Slope Daily Digest, which is emailed about an hour after the close each day, has stopped going out;
  • People reading Slope via RSS aren’t seeing it, since we need to update the link with Feedburner;
  • The “@” feature in comments isn’t sending the targeted user the comment via email;
  • Those of you who used to use your username (instead of email) to log in are unable to do so;

For those of you who have written me, clearing your cache has solved your problem 95% of the time, so please, have mercy, do that first (and log in) before you reach out to me with issues.

Setting that aside, however, if you’re still having trouble, or if you see something wrong, please write to me and let me know. We are fixing problems in terms of severity and importance, so please be patient. On the whole, I’m pretty happy with how things turned out, since this was like replacing the engines on an airborne jet.

Strolling Through the Biggies

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Happy Sunday, everyone. Well, the launch of the new site has gone decently so far. We still have some issues – – a couple of fairly major ones, in fact – – but in the same way that many of the improvements on the site are “under the hood’ and unknown to most users, likewise these lingering problems are invisible or imperceptible to most of you.

All the same, Sunday for me and my guys is slated to addressing these last items before the trading week begins. I am, as some like to say, cautiously optimistic.

Yet I can’t spend the entire weekend doing new site announcements. Let me share a few words about the big indexes as we enter a new trading week.

First up is the Major Market Index which exhibits the exact same pattern that is virtually omnipresent in equity markets: (1) a peak at the end of January followed by (2) lower lows and (3) lower highs. Of substantial concern to me is that there might be a double bottom which took place in early February and just last week (it’s plain to see we didn’t get another “lower low”). The rally on Friday was powerful, and I’m wringing my hands over whether that descending trendline holds.

slopechart XMI (more…)