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.

Automatic Gap Detector

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Hey, hey! Ho, ho! Non-SlopeCharts have got to go!

Yes, indeed. Yet another improvement, folks. And this is one you’re all going to love: it’s an automatic gap detector. I haven’t thought of a spiffy name for it, so there ya go.

The Price Gaps feature can be located in the Display menu of SlopeCharts. This is an automatic way of highlighting price gaps that occur on any kind of price chart.


FICC Short Gamma

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One firm rakes more money trading energy in three-months then this entire industry 90th percentile in one year, it’s Goldman Sachs. For us Goldman FICC unmitigated success in the energy is the ultimate expression of the systemic dollar-at-risk entrenched in the long-gamma commodity firms and trade finance world.

Goldman’s Model

Goldman banks/deals with the solid counterparty, manage their risks, and then trade the insights 1/4 sec ahead of the earnings or physical in the finish line.

Goldman uses few or no working-capital.

Goldman commodity traders raked in $1 billion after positioning for april’s oil market collapse from Simon Jacques


The Street Where I Live

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Since I’ve managed to wade into the waters of politics and religion in the past without mortal harm, let me up the ante and go where no one sensible has gone before…………race. Fellow Sloper TNRevolution has a much longer (and better) post than this one waiting in the wings, but I’ll probably publish that one Thursday afternoon.

This has obviously been a big topic in this country since, oh, about 1620, as well as quite recently. I’d like to comment on it by way of a personal experience. I’d like to use this to offer an idea about a distinction I see between prejudice and bigotry.

For all its progressive pretense, Palo Alto is no saint. It wasn’t that long ago that there was a specific street in my otherwise very rich neighborhood where the black people were expected to live. There’s was nothing subtle about it. It was the one black street of Crescent Park. That’s where I live.


Testing The NDX Resistance Trendline

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Just a reminder before I get started that we are running our July 4th sale at at the moment and that will be running until the end of next week. For the duration of the sale annual memberships are available for the price of only eight months at the monthly rate rather than the usual ten and as ever with all our memberships, the membership rate will remain the same with no price rises for as long as the subscription is maintained. If you are interested then you can find the sale page here.On to the markets. I was writing last week about the Janus (Bull) Flag targets at retests of the June highs on SPX, NDX, RTY and INDU and I was noting that NDX would likely reach that target first (done) and would then likely retest a major resistance trendline just above there afterwards (retested) and that the upswing on equities might fail there (possibly happening). Here is that updated NDX weekly chart. NDX weekly chart: