Preface to all four parts: I am locked and loaded for CPI week. I have 43 equities in my Bear Pen, 23 of which I am long puts (expiring anywhere from June 2023 through January 2025). In parts 1 and 2 I will share my “live” positions, and in parts 3 and 4 will be the other charts in which I have no position, either because they aren’t quite as compelling or because I simply have no buying power left! I have used the watermark for the charts so it’s very plain to see what you’re looking at.(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.
Gold stocks pulling back from the overbought risk area
Let’s take a look at a rarity for me; a public article discussing a nominal technical situation rather than bopping you over the head with macro fundamentals and macro indicators. We review technicals in gold stocks and other markets weekly in NFTRH, and not so much publicly because straight TA is the compass we use to navigate what the macro tells us. In other words, it is for subscribers to gain perspective and parameters ahead of time, not for me to regale the public with. But in this article I want to publicly go back to my first love, which is nominal TA (markets, stocks, etc.), which was how I started out longer ago than I care to believe.(more…)
I leave Northern California to return to North Carolina now.
I’ll be in touch soon! Bear Force One is revving up its engines: (Note to ALGOs: the flight takes off half an hour after the close, so please do not use this information until the market re-opens next week).