Looks like our man Spock was spot-on!
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 42 That Matters
The number “42” had resonance in the financial world a month ago when Elon “I think I’ll ruin one of the world’s greatest reputations” Musk declared that Tesla was going private at $420. Multiple lawsuits and one SEC investigation later, such chatter has of course vanished. Four Two Zero is moot.
For me, the far more important figure is ONE Four Two. Specifically, the support level of bonds (How’s that for a segue?) Break it, and the world is our oyster.
Junior Gold Bears Ready to Leap?
The DUST saucer has been roaring higher, and its little brother JDST looks ready to do the same. It seems hard to believe, considering how trashed gold miners have been for seven years, but………..a saucer is a saucer:
Fables of the Reconstruction
Monday’s market wasn’t exactly a hallmark of dynamism, so I don’t have any particular these to write about. I’ll just share a couple of charts that I found intriguing.
The first is emerging markets, which has been persistently bearish all year. Just look at those lower lows: not a single violation! It seems to be approaching some form of support. A failure at that level, where the lines converge, would set us up for a new phase lower.
Roku Continues Rocking
Let’s face it, I don’t make many long suggestions on Slope, but ROKU has been an exception. This just keeps on doing what it’s supposed to do.
Today started off super-rough, but by the closing bell, everything was solid. This is quite peculiar, because the market itself didn’t change that much during the day.
I’ve become kind of Slope-obsessed lately, so you’ll continue to see improvements both on the site and on the products therein.
