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.
This weekend I’ve gathered up 14 charts about the market in general and wanted to share a few words about each of them. I’ve spread these charts over four different posts, all of which will be available to everyone.
First off is a chart which expresses better than any other what a horrendous slog it has been for any surviving equity bears since the February 11th bottom. This is the fund with symbol HDGE which specializes in shorting stocks. It has a great start to the year, but after February 11th, it’s been a quadruple-diamond ski slope downward, with losses now approaching a quarter of its 2/11 value. There’s been pretty much no respite this entire time.
A Sloper was kind enough to offer this post about precious metals, which I appreciate!
Today’s post will be chart-heavy and text-light. I just want to highlight all of the chart breakouts I’m seeing across the gold and silver complex. This is exactly what you want to see as confirmation that a new bull market has started. I marked up each chart and put some comments here and there. The blue circles represent price targets based on the measured move of the breakout. Enjoy