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.


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MTG announced a pretty wild earnings surprise today and this beaten up and “left for dead” stock ran out of the gate by 10%.

It’s a name that’s been mentioned by our new Slope friend Jesse and some of the talking heads on CNBC have also touted it of late. What’s all the fuss about? I must say, I have no clue, but it is a leveraged play on the housing recovery. From all time highs above 70 five years ago to a low of 66 cents, you can file this one in the Zombieland files (a la AIG, C, BAC). (more…)

Running Out Of Road

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I was looking at the short setup on GC (gold futures) this morning and thinking how much better it was than the short setup on equities here. That’s for a couple of reasons. Firstly Gold is still either in a downtrend or in a bottoming process, and a rallies in a downtrend deliver better short setups than waves up within a strong uptrend. The second is of course that the Fed aren’t on constant watch to try and support the Gold market if it sniffles or soils a nappy. (Translation for Americans: poops its Pampers. – ed.) (more…)