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.

Black Lives Matter

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Preface from Tim: I am usually very hesitant to do any posts like this. The last time I did one even remotely close, one reader wrote to grumble about how this is not why he comes to the site. OK, fine. Skip the post. But TNRevolution has been such an important Sloper, and his contributions so generous, I’m going to bend the rules. I appreciate his hard work here, and his openness.

Why do I care?  Why do I care about the state of race relations in black America?  I am white.  For one, I am a human being.  To be a healthy human being is to have a measure of empathy.  I am no different.  When I see people hurting, my initial instinct is to help.  Whether it is tornadoes ripping through Nashville, Covid-19, or black Americans being abused, I want to be a part of the solution.  Second, it’s personal.

I grew up in rural America, in the suburban country north of Nashville, TN.  In the school I grew up in there was only one black kid.  I only remember him ever being in one of my classes.  Everyone I knew in my world was white.  That changed rapidly as I left home to attend college.  Students from around the world attend Georgia Tech, and living in downtown Atlanta was a dramatic counter to my all-white childhood.  I loved it.  As college passed, I met and made friends with people from all over the world.  However, I didn’t have any black friends.  Why was that?

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June Charts

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I anticipate June being a month with opportunities for both bulls and bears. More specifically, I am looking for a possible 7-10% correction on $SPY at some point over the next 2-3 weeks.

The June $SPY chart is shown below.
May POC: 282.28
Value High: 296.79
Value Low: 279.46

Not shown on the chart is a Nov /ES POC at 3083. If we see any strength in $SPY to start the month, one interesting setup would be a failed breakout of /ES 3083.

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Dracarys

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I have noticed something about this rally off the crash low. It has a rhyme to it. I remember thinking to myself during the crash, and hearing other say, “It feels like the entire 2008 financial crisis is condensed into one month.”

We are seeing the something similar transpire with the bullish move off the crash low. The Fed is using the same playbook that launched the QE bull market, but at an accelerated pace.

First, let’s take a look at a chart of the history of QE that Tom McClellan posted to his Twitter feed on April 5th. You can see from the chart that the stock market nicely traced the path of QE up until 2017. Much of what transpired after 2017 was retraced during the crash.

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ATR Don’t Lie, Bro

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Before I begin with what I want to say this weekend, let’s just stop and take a look and marvel at what we’ve just seen.  For the next hundred years, students of the stock market will look back at the last three weeks and attempt to understand and learn from what we just experienced.  A three week 27% crash in the S&P 500 straight off of all time highs. The Russell fell 35%Amazing.

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Psychology of Trading, Part 8

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Neurotransmitters – Practical Applications

In this article we will conclude our series by discussing some practical applications on how to manage neurotransmitters through healthy, natural activities.  I hope you have enjoyed the series, and have found a few nuggets to improve your trading and life. 

Sleep
Sleep is an edge when it comes to trading and emotion.  Sleep works to restore and rejuvenate the brain, removing waste products, and optimizing cognitive ability, behavior, and judgement.  Whether it is 8+ hours of sleep at night, or a cat nap during lunch, the benefits of sleep can be seen through a clear and relaxed mind.

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