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.

Captain’s Log

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Slopers – last night, we upgraded our platform, and, well, you know how “upgrades” can be really “downgrades“, so I decided to revert. I did so this morning, but it seems in doing so, a few folks are having trouble logging in.

Don’t worry: your account isn’t disabled, and the database didn’t change. I’m not quite sure why some folks are having issues, but many of them who were wrote me later to say that after a couple of attempts (in some cases, just resetting their password) they were fine. In some cases, if you keep trying to log in, the system will lock you out since it thinks you are a hacker, but after 60 seconds, it’ll release your IP.

I’m sorry for any trouble, but I don’t have any magic cure-all at the moment. Write me if you are totally stuck after trying the above.

The Art of the Schlemiel

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I’m glad I didn’t amble into my office in the middle of the night to see how the market was doing, because I was at risk of having a brief heart attack. In the latest exchange in this risible trade war, China signaled that it would be open to negotiations of the U.S. acted more respectfully. That news alone since equities exploding higher, with the /RTY in particular erasing all losses and zipping into the green!

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Uncertain Smile

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In my posts last week on Wednesday and Friday I was looking at possible rally options from the current 2025 lows, and was looking for a rally lasting at minimum a week or two to make right shoulders on the possible H&S patterns that may be forming on SPX, QQQ and DIA here. That is proceeding slowly but I was thinking then that at minimum this rally would ideally last a week or two, and I think the odds of that look decent. The rally will be a week old tomorrow lunchtime, this is a holiday week and while there has been much talk of further tariffs coming soon, these have not yet been implemented.

I did say as well last week though that this tariff reprieve was partial, temporary and fragile, and that remains the case. If the new tariffs being trailed by the administration on electronics, semiconductors and pharmaceuticals start hitting next week then this rally may be over, and a new leg down may begin.

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