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 Crazy Train to Bull Eternity

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Once again I have to disclaim that at the moment (and for quite some time now) I hold not one single short position, in anything. I am only long US and global stocks. But also managing cash and portfolio balance as usual while feeling as though I’m playing a game of Musical Chairs while the music still plays (nothing nearly as good as Keith’s style, which has always resonated with me beyond most others).

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Webinar Reminder

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We only do this maybe twice a year, but please be reminded that the founder of CMLViz, maker of options-trade-hunting software Trade Machine Pro, is hosting a Slope of Hope webinar on Thursday, January 23, at 3:00 PST (that is, two hours after the market closes). Please click here to sign up for this free webinar (even if you’re not sure you can make it; there’s no corporal punishment for missing).

SPX Outperforming Gold & Oil

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Further to my post of January 5, the following provides an update on price action as of today’s (Thursday’s) close.

The following monthly chart shows the SPXGOLD and OIL in comparison format, as well as their respective high, low and today’s closing price for January, so far.

The instrument currently facing the “path of least resistance” is the SPX. It shot through prior near-term resistance (now support) of 3233 and continues to rally.

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