FEEDOne last reminder – – today, Thursday, at 3:00 PST (two hours after the market closes), the founder of Capital Markets Laboratories is going to be hosting a webinar specifically for the Slope of Hope. If you have any interest in data-driven options trading, click here to register so you can watch! The post Today’s the Day! appeared first on Slope of Hope. [Read More...]
In Loving Memory
FEEDIn my own life, I think the three main cultural influences that saturate my personality are Star Trek (Original Series), George Carlin, and Monty Python. One of the great joys of my youth was being able to catch an episode of MPFC on PBS when it was on. My friends and I knew every sketch Read More 0 Comments The post In Loving Memory appeared first on Slope of Hope. [Read More...]
The Terrible Truth About Awful Data
FEEDAttention, attention. This is important. I am some very good, very exciting news. And I’d like to introduce this wonderful news by telling you about a terrible problem I didn’t know existed. A little more than a week ago, a Sloper wrote me, puzzling over a few of the earnings dates on the site. He Read More 0 Comments The post The Terrible Truth About Awful Data appeared first on Slope of Hope. [Read More...]
Exploding Cars
FEEDTesla is up about 230% in just half a year. It is now the most valuable car company on the planet. Beyond belief……. This has happened before, though. Back on April 1, 2013, there was a price gap up. The price didn’t truly reverse until it was up 600%, after which it lost half its Read More 0 Comments The post Exploding Cars appeared first on Slope of Hope. [Read More...]
Fade the Hype
FEEDWhen 2020 began, it began with a bang, at least for one guy. And the effect on the market was instant. And, thus, crude oil went absolutely haywire, ripping higher…. Ironically – – and that’s how these things go so often – – the perfect time to short oil was precisely when everyone was running Read More 0 Comments The post Fade the Hype appeared first on Slope of Hope. [Read More...]
Trade from the Chart
FEEDI’m very excited to tell you we’ve made great progress on brokerage integration. For the moment, this is focused on Tradier, although if this meets with success, we’ll expand from there. This is currently in test mode, but if you’ve got a Tradier account, I’d love for you to try it out. (You need to Read More 0 Comments The post Trade from the Chart appeared first on Slope of Hope. [Read More...]
Hand Me That Cup! (by Ryan Avril)
FEEDThanks to TK’s posts about the “Unicorn Stocks” starting to gain in volume and price, I noticed that many of these newer stocks are starting to make bottoming formations. This lead to me to look through my watchlist for other basing patterns, in particular, the cup with handle formation. Some of these stocks have fallen Read More 0 Comments The post Hand Me That Cup! (by Ryan Avril) appeared first on Slope of Hope. [Read More...]
The Mother Tongue
FEEDI’ve been on a bit of a reading binge lately, and I just finished a Bill Bryson book written back in 1990 called The Mother Tongue. It is about the English language, and I’ve been looking for precisely this kind of book for years. If you’re interested in language – – be it spelling, where Read More 0 Comments The post The Mother Tongue appeared first on Slope of Hope. [Read More...]
One Summer: 1927
FEEDI’m surely traipsing onto hallowed ground by saying so, but honestly, I don’t care much for this holiday. It has nothing to do with the man we’re supposed to be sitting around and remembering today. Whether today was in honor of MLK, Cole Porter, FDR, or Buddha, it’s not the person that rubs me the Read More 0 Comments The post One Summer: 1927 appeared first on Slope of Hope. [Read More...]
Just Sayin’ Update
FEEDOn this ridiculously sleepy holiday, let’s take a glance at the wonderful world of cryptos. In every case, the crypto in question has broken its descending trendline. I would consider this bullish. Allow me to share a quick anecdote that I think might shed some light on this: way back in, oh, I think it Read More 0 Comments The post Just Sayin’ Update appeared first on Slope of Hope. [Read More...]
MLK PPP – Part Three
FEEDPreface to all three parts: I’ve written dozens of books, but the only history book I’ve ever written was Panic Prosperity and Progress. This weekend, I’m sharing one of the chapters from the book in three parts, since it offers interesting lessons about what can happen when governments decide to experiment with finance and economics. Read More 0 Comments The post MLK PPP – Part Three appeared first on Slope of Hope. [Read More...]
MLK PPP – Part Two
FEEDPreface to all three parts: I’ve written dozens of books, but the only history book I’ve ever written was Panic Prosperity and Progress. This weekend, I’m sharing one of the chapters from the book in three parts, since it offers interesting lessons about what can happen when governments decide to experiment with finance and economics. Read More 0 Comments The post MLK PPP – Part Two appeared first on Slope of Hope. [Read More...]
This Week in Cycles
FEEDThe post This Week in Cycles appeared first on Slope of Hope. [Read More...]
One And The Same
FEEDIn case it wasn’t already obvious, here is the chart of the assets held directly by the Federal Reserve (symbol in SlopeCharts is FR:TREAST) and the SPY. The tail is wagging the dog. In other words………. The post One And The Same appeared first on Slope of Hope. [Read More...]
Unchained Morgan
FEEDEarnings news from Morgan Stanley sent the stock absolutely raging today. This is especially interesting in a long-term context. Look how, in the past, MS had well-formed tops and tumbled from each one. This time, it simply blew past its reversal pattern and even escaped a descending trendline which has been in place for literally Read More 0 Comments The post Unchained Morgan appeared first on Slope of Hope. [Read More...]
OK, Doomer
FEEDI keep my eyes wide open all the time I keep the ends out for the tie that binds Because you’re mine, I walk the line Johnny Cash Complacency never higher. Fear never lower. New highs every day. Such is the market we’re in. In the future, we will look back at these times and Read More 0 Comments The post OK, Doomer appeared first on Slope of Hope. [Read More...]
Uncle Junior
FEEDMy largest options position is a bundle of February 21 GDXJ calls, (junior miners ETF) and they’re up about 40% so far. I’m encouraged by recent activity: If you look at the longer-term picture, I think the bullish potential is more clear. The post Uncle Junior appeared first on Slope of Hope. [Read More...]
Strange Bedfellows
FEEDI did an unusual experiment today that I wanted to share with you. It’s the kind of goofy side project a data weirdo like me does when an idea pops into his head while taking out the trash. I punched in a couple of dozen big ETFs and created a matrix of them in Excel Read More 0 Comments The post Strange Bedfellows appeared first on Slope of Hope. [Read More...]
The Market Redux
FEEDThe post The Market Redux appeared first on Slope of Hope. [Read More...]
Pre-Market Earnings
FEEDHere are the five big firms reporting Wednesday morning before the opening bell. These all seem to be financial “perma-risers” to me, but click on any of these for a large version. They all seem to be eerily steady. The post Pre-Market Earnings appeared first on Slope of Hope. [Read More...]