Unlike mid-March, when Yellen aborted what would have been a fantastic completion of the advance/decline topping pattern, this time is actually happened. And it’s beautiful!
Collapsing Breadth
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.
Reality Bites
People are growing weary of watching simpletons fumbling through life.
The Big Circle’s Gonna Shrink
PREMIUM: Where We Stand
Earlier today I did a premium post which stated I would be going long bonds. Indeed I did. I bought a bunch of calls. If you know me at all, you know how short my long positions last, and I got out of it already at a nice, quick profit. Suffice it to say I’m back to “pure bear” again, albeit with 50.8% cash.
This has been an amazing week; let’s look at the ES:
Going…….Going……..Gold
Wow. Precious metals continue to defy their moniker. Gold has failed a large right triangle top.
