Another quarter, another green bar. The stock “market” continues up, unabated, fueled by trillions of dollars in Powell Bux, plucked from thin air. Ever since the Fed took over the equity markets in early 2009, there have been just four meaningful red bars, each and every one of them met with more trillions of dollars of welfare for billionaires.(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.
MIcron is one of those weirdo companies that reports at an unusual time of the quarter. I’ve got some November puts on it. I’ve highlighted the price gap horizontal that I consider to be quite important. They report after today’s close.(more…)
Oh, how I wish the stock market was still a market. That’s why I’m so fixated on crypto. The irony is that I’m actually invested in equities yet am in all-cash in crypto-land, as we’re still merely range-bound. But, as I’ve said countless times, it is a true organic market and totally chart-friendly. I haven’t been surprised even once yet. Bitcoin is absolutely respecting its trendline with pinpoint accuracy.(more…)
Look, I’ve got no problem with Hamilton. I’ve listened to the entire album many times. I’m one of those clowns who paid $2,000 to get tickets to take my family to see it. So………I’m a fan. But this pisses me off:(more…)
At least this silver bar is pretty to look at (image via r/SilverBugs).(more…)