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.

Thar She Blows

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I did a post yesterday called Circus Tints, in which I wrote, in part, ” The yellow zone I’ve tinted above runs from 2825 up to 2865, a 40 point range (the math checks out). This is the “super easy” range for the bulls, because there’s absolutely nothing stand in their way in this range. “

Well, 2825 has been breached, and we’re ripping into the “super easy” zone right this second. The bullish grip on the market has tightened even more.

THAR

Prepubescent

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Thanks to:

  1. The seminal trade deal between China and the U.S. that was signed before the March 1 deadline;
  2. And the subsequent elimination of the trade deficit (indeed, now a massive trade surplus, quite positive for the U.S.);
  3. As well as the completion of the Mexican-funded border wall, which has sealed off the country……..

The VIX has been almost destroyed, having dropped from the upper 30s down to the sub-teens. The market literally has not been this give-me-another-bong-hit calm since last October 2nd.

vix

Hemmed-In

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As we wrap up quadruple-witching week, let’s take a fresh look at five important cash indexes.

We begin with the Dow Composite (also known as the Dow 65). It’s all about that tinted line, folks. Cross above it, and the bulls are going to take this decade-long bull market to new highs. Continue to be repelled by it, and the countertrend rally that start on Christmas is going to crumble.

dow
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The Ides of OPEX (by Moneymiser21)

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Ah mid-March. College basketball conference tournaments, and NCAA tourney dreams. (Note from Tim: I guess I didn’t really have to identify the author as someone besides myself. Anyway.)

And of course some high probability seasonality trade opportunities, both bearish and bullish as March monthly options expiration comes to an end.

One year ago, Slope nailed the Facebook and Google plunges before they happened (And boy did that FB plunge happen!).

And based on Thursday’s price action, the bears appear to be warming up the bandwagon once again.

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