I'm going to do some other things for a bit; in the meantime, here's a Slope favorite – this time by a different singer – to sooth your rattled nerves.
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.
Founder. Prophet. Bon Vivant.
I did a few videos at The Money Show recently. I've asked them to give me embeddable code. In the meantime, here's a direct link to one of them. I like the fact that under my name is says "Founder, Prophet" – – which is supposed to indicate I founded Prophet, but I prefer to think of it as a pair of distinct descriptors.
Gold Chasers
Prior to today, people were falling all over themselves to buy gold – particularly the gold miners. The GDX is, only since yesterday, down about 9% from its high. And – as TradingGoddess is fond of saying – look at the volume!
I would be very interested buying this at around $42. For now, I'm just watching.
This Merits Another View
I'm sorry for being repetitive, but honestly, this is me. Get me my cane!
And Oh So Mellow
What a difference a year makes, eh? Last September, the world was going straight to hell. This year, everything's coming up roses.
We are mashed up against 50% retracements all over the place. Some indexes – the $NDX springs to mind – are starting to breach the dam, pushing above resistance levels. Others are still contained but merit close watching, such as the Russell 2000 ETF, IWM:
And just in case you needed to feel any more melancholy:
