This morning, gold is enjoying a desperately-needed relief rally, up nearly $40 per ounce as I am typing this.(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.
You may recall that, comically, there was an attempt made early this year by the /wsb crowd to make Bed Bath & Beyond the next hot meme stock, in the fashion of AMC and GME. Having lost 70% since January, it seems that fanfare has been rendered mute. I’m not sure why these kids thought everyone would be storming those stores for hand towels, perfumed soap, and throw pillows, and today’s collapse – – interestingly – – has hurled the price down to a major Fibonacci retracement level.(more…)
Good morning, everyone. Please note that the SlopeAlerts system now works with foreign exchange (FOREX) data. This was at the request of a Sloper, and I’m glad we were able to turn it around swiftly for her and the rest of you. While we’re on the topic, here are a few interesting FOREX charts, updated through today.(more…)
A couple of nights ago, in spite of my misgivings about crypto, I believed $OMG looked good. I did nothing. Now, 25% later (in two days) I took a fresh look at the charts to see if anything else looked appealing. I have settled on these five with very tiny “just for the hell of it” positions.