I‘m sorry. I know that none of us are supposed to believe the market can ever go down again. I know that we’re in a permanent bull market. And I know that the NASDAQ is so strong that not only did it make another lifetime high, but it did so while exploding out of its wedge pattern……….(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.
Apparently some people consider 35 years old to be an age where all hope is lost, but the good people at Visual Capitalist offer the following infographic to assure those ancient, crusty humans in their late 30s that there’s still a slim chance at financial success. Click the image for something larger…………(more…)
A brief sector review
While I hold a special place (in my thoughts and in NFTRH) for the gold stock sector due to its counter-cyclical nature, it’s a big market out there and a strategic view of the macro helps with successful positioning. Following is a snapshot of some sectors/markets with general thoughts on each. I will provide one chart or graphic for each but not mark them up or get into too much technical or fundamental detail. There’s a weekend report for all of that stuff. For now, a brief review.
Gold/Silver Mining & Royalty
Gold miners have been fundamentally impaired by the inflationary macro as costs (energy, materials, humans) have outpaced product (gold) for well over a year. As with other markets/sectors, sentiment became overdone to the downside in September and from there (one of our key downside support targets at 230) we projected a bounce and with some stops and starts, the rally logically began.(more…)
As much as I piss and moan about gold’s inability to get up off the mat, I still think that – – LONG TERM!!! – – it has a great future. The analog is as rock-solid and remarkable as ever………(more…)