When last we left the 3 Metallic Amigos… I can’t remember the detailed individual statuses and am too busy to go read the post. They were something like borderline hysterical gold, attractive silver and bouncing (but not yet bullish) copper. So here’s today’s update on these Amigos.(more…)
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.
I gotta tell ya, it’s a figurative as well as literal pain in the butt to try to manage a zillion positions from a tiny laptop with a whisper-thin Internet connection from seven miles above the Earth……..but I’m managing.
Below is a short I just entered: the MSCI EAFE ETF symbol EFA, with a stop-loss at 67.00:(more…)
Greetings from the tarmac of the John Glenn International (!) Airport, as I await departure from Columbus back to my beloved Palo Alto. Today will be a shortened trading day, which is a little ironic, since my own availability is about to return to normal (although I have already dedicated my copious time to various home and Slope projects that await me).
As I am typing this, it is more than two hours until the opening bell, but it’s green across the screen. The ES continues to march higher above the breakout I’ve tinted below. The psychologically-satisfying level of 3,000 is just within reach on the S&P 500, although judging from the chart, we’re definitely starting to lose momentum. The explosive surge from a month ago has given way to more moderate, incremental lifts.(more…)