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.

Spluttering Equilibrium

By -

We haven’t looked at cryptos in a while. My general point is a simple one: they seem to have found (or “discovered”, as the economists would say) their price. Funny how that works, when a government isn’t trying to manipulate prices.

But the fact is that the entire crypto experiment seems to have sort of wheezed and gasped to a natural price point. Just look at these formerly dynamic charts and how they’ve all snoozed their way to a steady price point.

(more…)

Range Bound and Gagged

By -

Well, that sucked.

Along with being Slope’s founder and owner, I’m also the proud and solo individual who actually admits to any losing trades. And today stunk. I still held on to some of Wednesday’s profits, but Jesus H. Christ, man, I was NOT expecting this.

Looking at the Powell belly-flop yesterday (see emphasis below), I seriously thought we were done with the 40-point range I keep talking about.

(more…)
Do NOT follow this link or you will be banned from the site!