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.
Two Years Of Gold Bugs Getting Burned
In an article last week (“Gold: A Sucker’s Paradise“), ETFguide editor Ron DeLegge noted the illustrious list of hedge fund managers who have gotten burned over the last two years being long gold and related securities such as the SPDR Gold Shares ETF (GLD). One hedge fund manager who’s been on the right side of the gold trade has been our host Tim, who mentioned on Tuesday that GLD was his largest short position (“Repeating My Target for GLD“). (more…)
Long Beazer Homes USA (BZH):
I was speaking with people when the president made an announcement concerning a temporary fix to the now troubled Affordable Care Act (ACA) aka Obamacare.
When the press conference finished a few inferred from the speech that “Well, guess that fixes things for now.” Personally I was shocked by the reaction because from my point of view. Not only did it not fix anything. I believe it just made a bad situation worse. Let me explain as I did to the others. (more…)
Lululemon dropped hard in June, and it’s been trying to recover ever since. However, the intermediate trendline broke as of this morning, and I think substantial further weakness is ahead.
It’s enough to make a rational person weep. So in the same morning, we see the albino troll announce that stocks are not “bubble-like” (whatever the hell that is supposed to mean): (more…)