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.

A Most Interesting Year

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Tomorrow is the last trading day of 2020 and with New Year’s Day on Friday we get another long weekend into the start of 2021 next week. This has been a really interesting year, though a very hard one for many, and will leave a legacy for economies and markets that will likely ripple through the next few years. We’ll see how that develops in 2021.

At the end of every year we like to do a free public webinar or two at theartofchart.net looking at where we see markets going over the next year, and we are doing the ones for next year tonight and tomorrow. All are welcome and the first  webinar we are running is at 5PM EDT tonight (Wednesday 30th January) looking at equity indices, FAANG stocks and key sector ETFs and, if you’d like to attend, you can register for that here. The second webinar is at 5PM EDT tomorrow (Thursday 31st January) looking at commodities including metals, energies, softs, meat and grains and, if you’d like to attend, you can register for that here. As always all webinars are linked from our monthly free webinars page at our blog, currently December.

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Tis The Season

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It has been a grim year and I, and many others, will be very glad to leave it behind, but even with maximum lockdown spreading rapidly across the UK with the new virus mutation, I have a great holiday weekend planned with roaring fires, presents, great food, homemade pancakes, (probably too much) chocolate, board games and so on. My soon to be ex-wife will be absent but my three children, two cats, and one dog will all be here having a great time and there is a good chance that this will be the most enjoyable Christmas that we have had so far this millenium. I’m really looking forward to it. I’ve had requests for a family video of us making pancakes over the holiday that I may well film on New Year’s Day and post on YouTube. 🙂

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The Break Up

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One of the values of patterns with charts isn’t just to observe when things are going right, but also to recognize when things are going wrong. I was reminded of this today since Alexion was bought (symbol ALXN). The “heads up” on this was actually weeks ago, when the descending trendline was broken. Here are some good examples of how pattern violation presaged from powerful bullish moves. For bears, the break was a time to get out; for bulls, it was a time to get in.

slopechart ACHC
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