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 think I’ve mentioned my strong bearish attitude on energy (and energy companies) a few thousand times over the past month, both here and on my show. Sunday evening trading seems to have given thunderous applause to my disposition.
After a well deserved correction of nearly 3 months the gold stock sector is still flashing positive signs beneath the surface, as the correction matures
The correction that began in August amid the ‘Buffett Buys a Gold Stock!‘ tout has now ground on for nearly 3 months. As noted in the NFTRH 626 Opening Notes segment:
“Thus far the correction in gold, silver and the miners is perfect, where perfection means long, drawn out and maddeningly frustrating to bulls (and bears thus far). That’s what corrections are, remedies to excitement, confidence and of course, greed.”
We are managing the technical details (and associated strategies) of the correction in HUI and individual gold stocks each week in NFTRH, but as a gold stock investor it has not been a time for making money since August. As a trader it has been a difficult time for making money as well, because of the lack of a definitive drop that the sector’s corrections are known for. It has been a grind, and in that annoying, time consuming process, it has been perfect.(more…)
Only days ago, the Q3 GDP came out, and it was a record. A massive record. It wasn’t even close. Fantastic news, right? Of course! C’mon!
Perhaps you have noticed the tremendous drop just prior. That’s important. Because it explains the big gain that follows.(more…)