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.
First off, this is a bit of a throwaway post, and I encourage you to read the Pleasure Me post I did on Monday night if you haven’t already. I’m doing this post mostly for the purposes of system testing, although there is actually a point to it.
Four weeks ago, MoneyMiser21 did a post called WWE Smackdown, and it has gone great. Look at the chart below, with the arrow marking the post publication date.
Trillions of dollars in equity lost. Silicon Valley stocks down 40%, 50%, 70%, or more. Dejected and disillusioned millennials. The smoldering ruins of the failed cryptocurrency industry.
I’m honestly not sure how much more happiness I can take. On top of it all, Slope traffic is going absolutely apeshit (which is kind of bad news, in a way, since we’re frantically trying to keep up with the demand of our suddenly very, very popular website).
And to think this is just the start of a multi-year, global bear market that is going to bring utter ruin to so many. I can hardly stand the excitement. Thus, I thought we’d catch up on my short term “Omega” prediction, which I’ve discussed before, most recently here.
Specifically, where do things stand with respect do the conjectural pattern I suggested? (more…)
My post about the ruination of OptionSellers.com got a huge amount of attention. Traffic to SlopeOfHope.com was bigger on Sunday than any normal day of the week (which explains why it’s been so damned hard to get on the site lately…….). The most common question I heard was: “what exactly were the positions?” I had no idea………until now.
According to my sources, here are the positions they had on: naked short calls (left side) and naked short puts (right side), all on natural gas:
Unrelated to this post, I want to mention again that Slope’s sudden popularity is crushing our servers; the whole team (as well as some outside consultants) are hard at work at getting us past this Slow Slope Situation.
I see that cryptocurrencies, perhaps the greatest scam in a generation, is continuing to plummet toward worthless. Here’s the “blue chip” bitcoin, featuring the image of the self-described Crypto Genius (remember all his ads a year ago?)
Just a few words describe U.S. market action, so far, this year, as depicted on the following monthly, weekly and daily charts of the SPX (N.B. the ‘input value’ for both the momentum and rate-of-change indicators is shown as ‘one’ and in histogram format to emphasize the following)…
- increased expansion/contraction (fluctuation) of volatility (compared with 2016 and 2017)
- lack of convincing directional follow-through on a weekly and daily basis
- in other words, profits have been taken, but there is a hesitation to commit to a larger-scale sell-off
While the the weekly and monthly uptrends have not yet been broken, the weekly action has been lacklustre/non-committal, and the daily uptrend has been badly damaged. (more…)
The APEC Economic Summit just ended, and I couldn’t help but notice this: