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.

RELEASED: Silicon Valley Babble On

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I am delighted to announce the availability of  a book that was a dozen years in the making: Silicon Valley Babble On. It is my 25th, and in all likelihood, the last book I’m ever going to write. I will try to describe it briefly……….and I want to ask early on, since this is a brand new book, I would be VERY grateful for any positive reviews you could leave on Amazon for others to read!

Before the financial crisis began, a community of traders was created which used charts, economic cycles, and political discourse to shape their investment decisions. This unique gathering place was named the Slope of Hope, coined after the maxim “markets climb a wall of worry and slide down a slope of hope”.

Over the course of a dozen years, Tim Knight wrote over 20,000 posts on Slope, and he has gathered up what he considers the best and most illuminating of these in Silicon Valley Babble On. Topics covered include startups and culture in the valley, the effects of the bubble and its aftermath, his own experiences building and selling high-tech businesses, lessons from the fast-paced world of equity trading, and life lessons drawn from personal experience. (more…)

Bully Boys

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I spent Friday evening thumbing through the index charts, and I’m afraid I will offer the same overall conclusion I had a couple of weeks ago: specifically, that the markets were poised to blast off. Mercifully for the one or two bears left on the planet, the last time I speculated about this possibility, Turkey, and then China, shook things up. However, this brief resurgence of trade war fears was swiftly abated, and most index stand, once again, at the doorstep of yet another big push higher.

Looking first at the Major Market Index, it has the same characteristics as everything else I am seeing: (a) higher lows; (b) selloffs that are increasingly shallow; (c) a well-formed base. This index is a bit different than most since it is so much lower than its own lifetime highs, but the base is potent nonetheless.

majormarket (more…)