As much as I love movies, it’s incredible that I’m only watching Patton now (particularly since war movies are a favorite of mine). What’s amusing about the opening speech is how cleaned up it was for the movie. The actual speech, which you can read here, is, shall we say, a lot more colorful than the movie’s version. (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.
Liquidated as God Intended
Back on May 4th, I offered up a post with ten short ideas, one of which was Lumber Liquidators; at the time, the chart looked like this:
Battle of the Bands
Just a short post today as I have to drive my daughter to an exam and will miss the first half of what promises to be a very interesting session.
I was a bit cagey on twitter last night about whether the low was in, as the bounce was looking a lot like a bear flag, and I said as long as bulls could hold 1971.5 SPX tomorrow morning we should be on the way back up. ES broke down hard overnight and clearly that isn’t going to happen. This is good news. SPX has been butting up against the weekly upper band and needs some headroom for the next move up. (more…)
Victory Jig
I have had not one but two themes I’ve been hitting on lately: Bullish Precious Metals/Bearish Equities. My beloved Slope Plus members have probably been losing their minds with all of my “Buy Miners” posts, which began late in May (my ideas there are up about 40-50%, generally). But on a morning like this, my ludicrous pontifications are really blossoming. It is only five in the morning here, but I just had to blow a few notes on the victory trumpet, since a one-two punch like this (metals soaring, equities plunging) is a delicious way to start the day.
