As poorly as precious metals have done since August 6th, silver has remained relatively frisky. Compared to gold, it has been doing great lately. Here is the SLV/GLD ratio chart.
(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.
Peelings
Only a few days ago, I wrote of Apple “As the world’s largest company, I would say that Apple is a very important canary which is worth watching closely. Take note of two things about recent activity: (1) its bullish breakout has completely flopped (2) it is even breaking below its supporting trendline of the right triangle pattern.” When I wrote those words, AAPL had just barely breached its trendline. It is clear that this modest violation presaged a clear-cut failure.
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