French Fries for the Win
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.
Manic Monday
Crude Oil Forecast Update
Apologies, in my previous post (today), I forgot to add a chart for Crude Oil LONG.
Since this scenario is panning out as I write (CL Futures Nymex expiry Aug2025 touched below 68 an hour ago), I think it may be helpful to briefly discuss where this pullback can go.
Here below is the LONG WEEKLY model for CL futures, front month (Aug25).
On the left side, the price model: you can see Crude Oil has already reached the WEEKLY OVERSOLD area! (totally contradicting what I said today, i.e. probably a small pullback).
Probability of reversal in the price support zone below 68 is around 72%, quite high.
(more…)AI Slop
I watched John Oliver religiously every Sunday night, and last night’s episode was especially good:
Hot Potato!
Quantum computing has been a red-hot sector until just recently. To my way of thinking, this is just a hot potato, and everyone is passing it around, hoping not to be the one who gets burned. There is no business at all in quantum right now, and this technology might still be decades off. People get hyped about stuff like fusion energy, 3-d printing, gene editing, and all kinds of other stories that investment banks like to push. This is just the latest.
