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.
The digital gambling tokens known as cryptocurrencies are having a fantastic year, and I imagine SBF is hurling himself at his prison cell bars if he has any awareness of how much the industry has recovered. Bitcoin is still about $13,000 below its lifetime high, but it has had an absolutely amazing run since the autumn of 2022. Notice its continuing relationship with the rainbow.
Back in August I wrote an article called Gold: The Anti-Bubble. The point being that if you want to consider an asset to be sound value in a world of ongoing plays boosted by inflationary policy, speculating upon it – especially at a time when the cyclical risk ‘on’ trades are in upside momentum mode – is illogical. As are expectations for it to perform up to par with said bubble beneficiaries (as noted previously, I define the bubble as monetary and fiscal policy and the stock market as a direct beneficiary) as long as… It’s a Bubble, and It’s Intact.
(more…)Although it is evidently illegal for stocks to lose value, I still offer to you some charts which seem quite toppy. As always, clicking a chart will create a screen-filling version.
I never thought I’d say it, but Robinhood (HOOD) is actually a pretty good-looking chart.
