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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.
Spumoni!
My good friend Morgan ("Funnel of Love" on the blog, although he hasn't been here in ages) sent me this hilarious clip which reminds me of what the bears are going to do to an unsuspecting world. It's a scream, so check it out.
Warren Buffett – The Medal of Freedom. AYFKM?
Well, in the truth-is-stranger-than-fiction-department, Nobel Peace Prize Winner Barrack Obama is going to award the Presidential Medal of Freedom – the nation's highest civilian honor – to bailout recipient Warren "aw, shucks, lemme play ya a tune on my fiddle!" Buffett.
Following Up on Ideas
As most of you know, you can submit Trading Ideas instead of comments now. These are about as simple as they can be – just enter whether you are Buying or Selling and enter the stock symbol (equities are the only type supported right now).
In the upper-right corner of your home page (that is, Slope of Hope) you'll see a notation of any positions you have open. You can click on that and reveal your current positions as well as your past positions (and whether or not they were profitable).
In addition, you can click on anyone's profile – including your own – to see how their past picks have done. The "score" at the top shows the number of winners versus the total number of picks.
I'm glad to see so many people using the Ideas feature – – keep 'em coming!
Chart on SLV (Mike Paulenoff)
Since yesterday morning's pivot low at 24.44, right off of the Aug-Nov up trendline, the iShares Silver Trust (NYSE: SLV) has climbed to 25.33 (+3.6% so far), in what looks like the initiation of either of two scenarios. One would be a recovery or intervening upleg within a larger corrective, or digestion, period. The other would be the start of a new bull leg within the ongoing bull phase that will propel the SLV to new highs well above 28.72.
In either scenario, yesterday's pivot low at 24.44 ended a 15% corrective leg and started a rally phase that has a minimum upside target zone of 25.90-26.20 in the hours/days ahead."
Originally published on MPTrader.com.
