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.

Quiet!

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It’s only been dead two weeks, but I’m already nostalgic for the Trade War. Oh, did I say dead? I simply meant paused. You know as well as I do that after we once again go through the charade in a few weeks, we’ll be right back to where we were, only worse. I don’t know why they put us through this. Keeping up appearances, I guess.

Let’s look at the three main events since then:

estints
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The McClellan Twins!

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Great news, SlopeCharts users! We now have both the McClellan Oscillator and the McClellan Summation Index!

The McClellan Oscillator is a breadth indicator in SlopeCharts which is based on the components of the S&P 500. This is an important distinction from other studies, since it will appear consistently from chart to chart, irrespective of what is being charted. The reason is that the calculation is based on the components of the S&P 500 and the quantity among those stocks that are advancing or declining.

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Precious Metals Were Ripe for a Pullback

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If you hear one peep out of the gold community about a precious metals “take down”, “attack” or any other such aggressive or war-like language you will then be hearing some old fashioned and promotional gold bug orthodoxy. Fortunately, a casual look around the Bug-o-Sphere does not yield too many obvious conspiracy theorists or importantly, cheerleaders.

Indeed, it seems that all too many bugs expected this correction in gold, silver and the miners. That is a good thing because when the real top comes these ladies are going to be out front and greed will be running rampant (quite possibly against a negative fundamental or valuation backdrop as in 2008).

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