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.

SlopeCharts & Mobile Get Married!

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It’s time for some really exciting news, and it’s been a very long time coming. Plainly stated, SlopeCharts no longer sucks on mobile. In fact, its terrific! Allow me to explain………..

The Slope of Hope is in its 19th year, and through most of those years, a huge portion of the site’s visitors were in mobile devices such as iPads, iPhones, and Android products. I will be the first to admit I’ve done a lousy job attending to mobile users. Slope was created as a desktop computer experience, and with the exception of the creation of Slope’s mobile apps a few years ago, I’ve been quite negligent in making Slope a good mobile experience.

Well, I’m glad to say this is no longer the case. I’ve made the time and cash investment into improving SlopeCharts on mobile so that even the likes of myself, who tends to be very desktop-bound, actually enjoys using the product on my iPad. Here are some specific improvements we’ve made to using SlopeCharts on mobile devices, and I welcome your emails if there are any other important improvements that you would like to see.

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Twenty-One

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The past few days have provided a much-needed relief rally to the market as a whole. Across a wide span of financial assets, a quick and powerful upsurge has sprung prices from the depths toward what I perceive as vitally-important zones of resistance. These take the form of price gaps, Fibonacci resistance levels, or simple horizontal lines, but in each case it will take very little to complete the trip to these exhaustion zones (or, if you’re inclined to be bullish, the same charts show that it wouldn’t take very much to violate these levels of resistance and put even more wind into the bullish sails).

Below are twenty-one ETFs I believe illustrate this succinctly. I’ll share a few words preceding each chart to summarize why I think it is at a meaningful price juncture.

We start with the commodities fund, which re-penetrated its descending price channel and formed a small rounded top. The war in Gaza pushed oil prices strongly higher, but the price gap caused between Friday and Monday is close to being sealed. Oil is the biggest component of DBC.

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