Broken planes have consequences.
(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.
Spot the H&S Top!
Mondo Destructo
Sorry for the obsession with crypto (actually, I’m not………) but it isn’t often an entirely new class of financial instrument comes along with the entire industry spewing all over themselves with excitement. It is heartening to me, as a rational human, to see the incredibly predictable catastrophe that is taking place all around us. These aren’t tiny moves. These are 35% wipeouts in a matter of days.
(more…)Sell The News Continues Apace
In the most obvious move in the history of mankind, Bitcoin continues to shrivel away in the aftermath of the absurdly overhyped “oh my garsh there’s ETFs!!!” rally. Below is a featured face from some kind of crypto influencer that was posted last night.
The Left Bank
On the heels of yesterday slightly-hot CPI report came this morning’s ice-cold PPI, which is actually indicating deflation (spoiler alert: that’s not as good a sign as the media wants you to believe). In any case, I’m glad I took the cue from the Fibonacci levels and GTFO of my IWM puts yesterday near the day’s low. Fool me once, etc………
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