Revving for a New Breakout?
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.
Oil-Teppered
Some of you know that I’m quite bearish energy stocks. I was intrigued, naturally, when I saw this from dorky-lookin’ multi-billionaire David Tepper:
Isn’t that sweet of him? He took valuable time away from his busy schedule to tell pimply-faced Robin Hooders to go out and buy energy stocks. What a mensch! Except………
(more…)Precious Wipe-Out
Yesterday’s trendline break in both gold and silver (see red arrows) telegraphed an even worse day ahead (which would be today):
Wait For It!
Implied volatility over the past few weeks has managed to blue-ball me worse than my first high school date. At least back then I finally got lucky on the third turn. But this attention whoring bitch tease of a market just keeps on making hot promises but then never puts out. That at least until yesterday afternoon when the FOMC – unexpectedly – put some fear of God into what has become a long term manic depressive but short term over complacent marketplace.
(more…)In Case Gold Has Further To Fall
Adoration Of The Golden Calf. Picture from the 12th Century Hortus Deliciarum of Herrad of Landsberg. Via Wikimedia Commons.
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