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.

November Gap Closure

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Six days of this childishly-named Santa Claus Rally have accomplished the remarkable achievement of almost perfectly sealing the Thanksgiving price gap on the small caps. Whether or not it gets perfectly sealed (or, indeed, violated) remains to be seen. As I’m typing this, however, the small caps certainly seem to be catching their breath, at a minimum. The precise value of the price gap is 227.85, less than a percentage point from today’s peak.

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The Dogs

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If there was one thing that compelled me to trim my risk yesterday, it was the fact that chart after chart after chart (particularly of “younger” stocks that hadn’t been around very long) had been incredibly battered for a couple of weeks and seemed to be getting off the mat. Quantum, for instance, had fallen virtually every day for weeks, but after the stuffing was knocked out of it, there was no more selling left to do. Even WeWork was up!

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