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.
In Cold Blood
I know, I know. I’ve heard all the words. Oversold. Capitulation. The Fed Put. Buying opportunity. The whole schtick. And I’ve seen the counter-trend bounces and the fact that 99.999999999% of the planet wants the market to go up, and go up big. But the fact is that I’ve been doing this an awfully long time, and much more than most people, and when I see the size of the opportunity looming before us………..I can hardly breathe.(more…)
On Wednesday, after the close, Splunk (symbol SPLK) reports their earnings (well, “earnings”, since they lose money every quarter, it seems). They haven’t been public very long, so it doesn’t have the decades of history I love to dissect, but this is a lovely pattern.(more…)
Changing the Channel
Apple, the one thin reed still holding this joke of a market together before it completely collapses, has undergone an important change in recent weeks. You see, for almost a decade, it reliably banged within that large channel you see below, and at one point, the tidal wave of free Fed money became so overwhelming, it blasted above this channel and formed a smaller, higher one.(more…)