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 January Barometer

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When I looked a few weeks ago at the stat for the first five days of the year I found that the correlation with the yearly close there was essentially random, so I was wondering when I had a look at the full January Barometer stat whether I would find the same but was pleasantly surprised when I did not.

The numbers I was looking were from 1950 to the present, so that’s a good statistical sample, and in that time 72.86% of years closed green, and 27.14% of years closed red, with 61.43% of Januaries closing green in that time and 38.57% of them closing red.

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Auto Follow-Up

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Virus? What virus? The entire “Corona” scare from last week is long gone, as we hit lifetime highs on many indexes today, and slapped about 1200 points on the Dow. Central Bankers of the world get all the credit.

Of most interest to me today were two auto stocks. First was Ford, which I was (and still am) short. What’s freaky is how the stock traded today. It looks like a caterpillar on the screen. Just a flat, black line. Freaky! I can’t remember ever seeing a major stock act so………..stuck.

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