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.

Getting Educated about Education (by Nathaniel Goodwin)

By -

Growing up I had a vast array of hobbies spanning everything from comic books, action figures, D&D, fine art, masturbation, tuba, computers/video games and myrmecology. My mom said I was a  modern day “homo universalis”, and most of my peers called me "homo" for short. Above all others, my favorite hobby as a young lad was waking up early and going to School.
I have just recently moved back into my apartment with the Colonel, and have sort of been out of the loop market wise. I was shocked to see how beaten up a bunch of educational stocks have been over the past month, and sort of feel bad for them. I’ve been bullied and beaten up on the playground, and can relate.

Perplexed; I asked the Colonel if any bad news had came out about education or whatever to make them tumble the past month. He said, “School and education is for idiot-morons, like yourself cuz! That crap can go to hell!”

He then stated that by throwing me out of the apartment for a month to live on the streets, he was giving me the gift of a true education which I should cherish more than any diploma or GED. I’m honored to have a sensei like the Colonel, I knew he was throwing me out of the apartment for a deeper reason than just letting Stun Gun sleep in his room.

Here are some educational stocks I will be watching, and maybe go long if they pull back in the near future.

CECO copy 





STRA copy
Good luck and remember; crack is wack, stay in School!

GLD & GDX Confirmation?

By -

{Note from Tim: What happened with GLD in the final hour today is sort of what I was hinting at with my earlier post, but here, with a different point of view, is the following………….)

Hi Slope, I just read Tim's post about the GLD breakout and the previous one that failed, so putting on my gold bug cap (modern, foil-free version made of hemp), I thought I would rebut.  The below was posted on my blog a little while ago.  Just FYI.

This is to be posted over at Tim Knight's Slope of Hope as a sort of rebuttal to this post by my favorite bear (not written sarcastically – the guy is thoughtful and fully aware of what it is to be contrarian).

In fact, being a bottom feeder, there is a part of me that is naturally anxious (and looking to take some profits, which I am mostly resisting until personal leading indicators trip up) in a way that I was not when Hulbert's HGNSI (Hulbert Gold Newsletter Sentiment Index) read only 9% bulls among gold forecasters, letter writers and gurus.  Anybody have the latest Hulbert figures?

Right now, in the heat of the momo, it is important to look at the leading indicators and divergence, and to my eye, an important negative divergence is missing as compared to the last time gold broke out, per Tim's post.

Things can reverse at any time, especially from daily breakouts.  But these are bullish Ascending Triangles which must be respected.


Who Will Be Last to Board the GLD Train?

By -

Precious metals fans are excited today, and rightly so. Everything shiny is up – GDX, GLD, SLV – you name it.

But I wouldn't be playing my role if I didn't point out one important thing – the last time GLD did a breakout from a similar pattern, it rose for the day after and then promptly fell to pieces. Just keep this in mind before counting on your profits when gold soars to $3,000/ounce.