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.
There is a lot of talk now about a flattening of the yield curve. This talk has been among the most intense right here at the website you are reading at this moment. A flattening curve is commonly viewed as bad for gold, and according to Mark Hulbert, is an indicator of a coming recession.
Why you should care about the yield curve
But is the curve really flattening or is this all hype based on Janet Yellen’s press conference comments? Here is a chart the likes of which we have been using in NFTRH for many months now, the 30 year vs. the 5 year yield. (more…)
Well, it took an entire trading day for my Facebook prediction to pan out beautifully. I’ve tinted the area where I put up the “short” post. Let the good times roll:
Here is today’s watch-list for the market:
Long Apple (AAPL)
Gold itself doesn’t look like it has reached a bottom, but miners are getting awfully close. We’ve closed the gap, and we’re making steady progress toward that supporting trendline. If it breaks $22.81, forget it; then the bear market in miners will resume. But I’m inclined to think we’re approaching a buy point.
I’m starting to think holding on my TWTR short forever would have been a better idea. I covered it a couple of days ago at a profit, thinking it would bounce back to its neckline (at about $50). Instead, the stock has continued to sink, and frankly, I consider the company utterly laughable, so I wouldn’t be surprised to see it in the teens before 2015 is over. (more…)