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.

Split a Cab?

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Ride sharing companies are extraordinary success stories, and there’s little wonder why: it’s the perfect app for mobile devices, and who among us doesn’t need a ride from time to time? But the progress, so far, of the two big firms is quite different.

One the one hand, there is the gigantic UBER. Its chart is a complete dud, however. It seems to have reached a state of equilibrium swiftly, and it is just grinding along with diminishing interest.

slopechart UBER
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Worker’s COMP

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Well, Thursday was a peculiar day. It started off nice and red, but, as usual, thanks to Fed intervention, everything shifted green. In this instance, the kabuki player they shoved in front of a microphone was Fed President John Williams. So whereas the day started off weak due to real information (lackluster earnings), it ended the day strong thanks to bluster (the vapid utterances from Williams’ lips). Whatever works, right?

I wanted to point out the minor crossroads the market is at currently, by way of the Dow Jones Composite. Here are the past couple of years. We were at the highest point in human history just a couple of trading sessions ago, and it wouldn’t take much to set another record high. The key is whether we can cross over 9051.98:

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Precious Metals Big Picture, as Silver Gets on its Horse

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While many are talking about major new bull markets in gold, silver and the miners I find it safer to set realistic goals within a still very bullish outlook. After all, we became bullish in November, had to retrench due to over-bullish sentiment and fading fundamentals in February (both situations linked here) and then have been back in the bull seat since the gold stock launch as noted on June 3rd.

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