I was just going through some old boxes, and I happened to come across an old Barron’s from February 13, 2006. It had the Google logo written as “Gurgle” and showed it drowning in water…… (more…)
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.
Commodities, Precious Metals, Economic Contraction
The ‘Commodity’ segment, excerpted and expanded upon, from NFTRH 251:
The commodity complex is famous for a sort of ‘Whack-a-Mole’ quality to it. Do you remember back in the go-go days when it was NatGas (2005)? Uranium (2007)? Crude Oil (2008) and then a cluster of Copper (2011), Grains (2011) and Silver (2011)? (more…)
A Pair of Aces
I really like the two charts below on the short side. I confess that the first one, TCK, has been frustrating for me. I didn’t think it would show as much strength as it has, and I’ve got some put options that are underwater. Conservative chap that I am, they are November options, so I’m not too nervous; I think ultimately the pattern is going to work out for both of these. (more…)
The Gold Gap
Gold has bounced nearly 9% since bottoming early last month, and it is at not only an important trendline but also fairly near a major gap at 130.38. I haven’t touched precious metals much lately, but earlier today I shorted a medium-sized position of GLD with a stop at 130.39. (more…)