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.

The New Slope of Hope

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I will begin this important post with a quote from the movie Apollo 13:

apollo

That, better than anything else, summarizes the old Slope of Hope. It was built, piece by piece, step by step, with no particular plan in mind, over many years. It did its job well, but it lived well past its prime and, technologically, fell far behind the times. But it was a good ship.

I introduce you now to our new ship – the new Slope of Hope. This system was built new from the ground up. We started with a blank sheet of paper and blank hard drives and went from there.

The vast majority of improvements are invisible to the eye. I wanted to take this opportunity, however, to illustrate a few differences between the old and new Slope to get you acquainted with our new home. (more…)

Macro Changes for Gold and Stocks

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Since early 2016 we have been carrying forward a theme illustrating that until the macro trends in place since 2011 change, the situation would be as is, stocks trending up and the precious metals in consolidation/correction. The current trends were kicked off symbolically, and functionally to a degree, by the Fed’s concoction of Operation Twist, a plan with the expressed goal of manipulating the macro (or in the Fed’s word, “sanitizing” inflation signals). Until this year it has been the gift that keeps on giving to unquestioningly bullish stock market participants.

We have also carried a theme forward that in order for a bull view to be widely recognized in gold, a bear view or at least a relative bear view will need to come about on the stock market, whether that means stocks rise nominally or not (ref. 2003-2007 when stocks rose nominally, but declined in terms of gold). (more…)

Up and Running

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Well, so far, so good. I’ve been through enough product launches to get suitably nervous about them. Last night, things were going a bit off the rails (particularly when WordPress decided it would be a great idea to retweet notifications for every post I’ve ever made, which blew up some people’s cell phones).

After an early-morning push today, however, it seems like things are working more or less As God Intended. I’m still hunting every corner of the site for problems, and if  you see any, please email me (there is no guarantee I’ll notice your remark in comments). And please, no matter what, watch this quick two minute video which gives a spiffy overview:

California Wingnuts

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About a week ago, tens of millions of thick printed election information guides were mailed to every household in California, including mine. I have no idea what it costs the state to create this thing, but I suspect something approaching a hundred million dollars. The purpose of these things is, ostensibly, for people to carefully study the propositions on the June ballot as well as the candidates for the various government posts (Federal Senator, California Governor, Treasurer, and so forth).

California is a famously progressive state, but thumbing through this book, I am always struck by some of the – – shall we say – – more fringe candidate that somehow have made their way into this publicly-funded publication. Here are a few………..

We begin with Jerry Laws, whose entire platform and campaign for the Senate can be expressed in merely a single word: (more…)

How Does A Crypto Analyst Make A Mistake And Still Make Over 265% Profit?

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By Avi Gilburt, ElliottWaveTrader.net

Ryan Wilday is our newest analyst. When we found him, he had already been trading over two decades for a supplemental income, but without the Elliott Wave Theory. He was a quick study in the theory and soon was producing professionally accurate wave counts, according to our method- Fibonacci Pinball. Ryan was also an early adopter of cryptocurrency and trading the new asset class.

His life started to change in August 2017 when I brought him on staff at ElliottWave Trader to lead our cryptocurrency analysis team.

For the first few months, his new life was very quiet publicly, until he made a very timely call. In mid-October 2017, he made a call for STEEM, the currency of the Steemit social media site, to reach $5, perhaps by January 2018. The price at the time of his post was 92 cents.

A couple of guys from England — the hosts of the CryptoNights videoblog on Steemit — saw the post and interviewed him. This is where his work first came to public attention. While he’ll admit his timing was intuitive, he stood by the price target, which was an important Fibonacci level in his ElliottWave count for STEEM. STEEM first hit $5 on January 3, 2018. It moved on, topping at $9.24, before starting the correction we now find it in.

His original post is here, and you can see the CryptoNights videoblog interview here.

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