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.

K-Pop Chart Hunters

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As with last week, I had a couple of fantastic back-to-back days. Each of them started off looking bad, then as the day wore on it just got better and better. I can only hope that, unlike last week, it doesn’t all get undone with some mega-rally on Friday.

The Dow Industrials slipped hundreds of points under the psychologically important 50,000 (or, if you’re Pam Bondi, 50,000 dollar) level. Happy as I am with this drop, nothing has changed with this index. The ascent has been smooth as silk, and the trio of exponential moving averages I’m using on all these charts is just about as steady as one could hope.

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How Big a Bounce?

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Good morning, everyone. This has been quite a week! Sadly, with earnings season behind us, I think it’s going to get more boring soon, but let’s enjoy the glow while we can.

Strategy (MSTR) is bouncing hard overnight, up about 17% from its low. You can already hear the high-fives and “We Are SO BACK” shrieks from the crypto crowd. I want to offer congrats once again to Xerxes for nailing this trade (I think he said in comments he was going to take final profits before the earnings call, which was perfect timing).

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