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.
One decade. One decade has now elapsed between the fabled 666 bottom and now. Think about the world in March 2009. Obama was still finding his way around the White House. Facebook was a private company. Netflix was five bucks a share. And ZeroHedge was just a few weeks old.
And as a surprise to those who might consider me a die-hard permabear, I offer a post from that very day, March 6th, 2009, entitled Tim-Bull – –
This is not to say I’ve gone “all long”. I have, spread out among my accounts, 176 positions. 64 are long, 72 are short, and 40 are options (all of them puts). So on a position-count basis, I am more bear than bull. But on a cash basis, I’m more bull than bear, particularly since some of my long positions are well into the six figures.
I’ve never been shy about bad-mouthing the entire crypto-space, but as a chartist, I’ve got to say that it looks like a rally is getting ready. To be clear, I think the days of $20,000 bitcoin will never been see again – – not even close – – but in the weeks ahead, I think the HODL crowd will get some renewed hope.
In yesterday morning’s Bold Gold Rolled post, I suggest that the selloff in precious metals might be nearing an end. That seems to have panned out so far. Below are some relevant charts that appear to have found stability at present price levels.
Today is one of the godawful boring days in the “market”. As I’m typing this, the ES is up a staggering 0.06%. I’m having an OK day, and old friend Morgan Stanley is, slowly but surely, continue to tiptoe its way lower. I’m going to be quite inactive trade-wise today, focusing instead of more SlopeRules improvements.