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 week closed out with another gargantuan, multi-billion $ cash-fest for any airline that wanted it. Not surprisingly, the prior countless billions were pledged in exchange for airlines not laying off people through October 1st. On October 2nd, the airlines held up a gun to D.C.’s temple and said they’d pull the trigger if they didn’t get another monster bailout.(more…)
I just happened to notice that Amazon, of all companies, is actually about 80% done with what could be a fantastic head and shoulders pattern. It isn’t complete until the neckline is broken, of course, but still, this merits close attention, particularly because there are some interesting options strategies that could be used to exploit a down-move.
Let’s take a fresh, up-to-date look at the 1930/2020 analog. I have tinted what I see as the four analogous zones (1929 is on the bottom, the present day is at the top). As always, click on the image for a huge version. I think you’ll be inclined to agree………….the similarities are compelling.(more…)