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.
Microsoft At Channel Top
Young FrankenMarket Lives
Excerpted from Notes From the Rabbit Hole #237:
Young FrankenMarket Lives
In failing to take a “healthy” correction to the equivalent of SPX 1350 to 1450 from the upside target zone of 1550 to 1590, the market is now running on policy and momentum. Hence we now dub thee Young FrankenMarket; Ben Bernanke’s creation, sustained by government and legacy MBA debt, following Alan Greenspan’s monster that was stitched together with artificially low interest rates that ultimately manifested in a huge commercial credit bubble. (more…)
Precious Metals Finally Succumb
Yesterday evening, I was glad to see gold finally starting to break down a little. It has spent the prior seven trading days in a very tight range. The breakdown starting accelerating some more this morning, and I think we’ve finally got a good chance to escaping this range.