It seems to me that the rally in GDX and GDXJ is going to be stopped cold, based on the clean price gaps.
Fingering Miners
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.
With Nvidia Behind Us
Although the /ES is (quite annoyingly) still up as I’m writing this, I’m delighted that the Nvidia “event” is behind us. The fact of the matter is that NVDA produced absolutely KNOCK-OUT fundamentals, and yet it’s still down! This just shows how much optimism is already baked into the cake. If absolutely stunning sales and earnings can’t budge the stock anymore, then this sucker has peaked. The string is through being pushed.
The Post That Just Saved Us Money On Nvidia
Nope!
I’ve got a great idea for a new quiz show called “Nope!” In it, you will wake a person up and give them three statements, and they have to pick out the one that’s false. Let’s give it a try:
- “A series of 1s and 0s in the form of a complex mathematical puzzle have gone up in value from one penny per puzzle to almost $100,000. The puzzle, by the way, has no real practical value.”
- “Russia has, for the first time, launched an ICBM into the Ukraine war, and therefore all the equity futures are up near record highs.”
- “A man walking down the street stated that Whoopi Goldberg wasn’t that bad looking, and that he would enjoy spending some time with her.”
You’re right. The third is the impossible one. I guess I made it too easy. Still, it’s a good idea.
(more…)I’m Right Here!
There seems to be an entire sub-genre of books about black fathers who are nowhere to be found. Jeez – – there’s a ton of these things, and I can’t get my marvelous Solid State into print! It just ain’t fair!
