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.

The Book of Numbers

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SlopeRules is kind of where SlopeCharts was a year ago: that is, we are adding features so fast, the online documentation is constantly getting outdated, and I’m trying hard to let users know of all the improvements. I like being constantly behind, however. It tells me things are moving forward fast, the way I like them.

Let me just tell you about three important improvements. The first one is that you can enter number values directly now. It sounds silly, but if you tried the earlier incarnation, you know how much better this is. Instead of taking seven extra steps to create a number, you just type the damned thing.

number
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Googly Eyes

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We absolutely busted our humps this weekend on SlopeRules, so I’m going to be very focused on testing that. In other words, I won’t be cranking out ten posts a day. More like two or three……….because SlopeRules is (partly) our future.

In the meanwhile, it was fascinating to see the AMZN-like U-turn that GOOGL (retarded real name: Alphabet) performed after the close. Clearly the FANG giants have a trend going these days:

GOOGL
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Fib Resistance Warning to Err on Side of Caution

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The S&P 500 (SPX) is right at a price zone pointing more towards a meaningful give-back in the short-term. This zone of resistance can be viewed through the Fibonacci price and time relationships on the daily SPX chart.

As the chart shows, as of Friday’s close, the SPX resided approximately 16% above its late December lows, amounting to an exact 62% Fibonacci recovery of the entire prior decline from the Sep 21 all-time-high at 2940.91 to the Dec 26 low at 2346.58.

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