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.
We can see from the 3-Year Daily comparison chart below that, for the most part, Gold, Platinum and WTI Crude Oil have traded in tandem, although Oil has seen far more volatile swings.
Since December of last year, Gold and Platinum have attempted to stabilize and rally from their 3-year lows, while Oil’s attempted rally was very short-lived, and price continues to plummet to new lows…we’ll see if today’s (Wednesday’s) volume spike signals capitulation, or not, as shown on the next chart (5-Year Daily).
What a fantastic day! I have redeemed myself from my Monday debacle. Anyway….the overpriced, lame-o burrito maker has come full circle. Down almost FIFTY PERCENT in just ten weeks. Owners of Amazon and Netflix might want to keep this object lesson in mind.
Here’s today’s swing-trading watch-list:
Short Rackspace Hosting (RAX)