Yikes. I remember how hot-to-trot everyone was about Palladium a few years ago. This has come full circle, having lost about two-thirds of its value!
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.
Rocket Man
Fascinating that a man nearing 80 years old is the top-grossing tour of all time. He should tell Elon that Mars ain’t the kind of place to raise your kids. In fact, it’s cold as hell. And there’s no one there to raise them if you did.
A Cleaner Fib
I was never really happy with how the Fibonacci was looking on the /NQ chart, so I moved an anchor point, and voila, this looks MUCH better. It also makes sense that the /NQ is stalling out.
The Long and Winding Gold
Judging from this chart of the /GC futures, I’d say gold’s most likely path is a traverse down to its major supporting trendline, somewhere in the upper 1700s.
From Booming to Looming
As I look at this long-term chart of continuous contracts of crude oil, I cannot help but believe that the failure of the latest top would telegraph an important global economic downturn. As TNR might say, energy don’t lie, bro.
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