Your Tax Dollars at Work
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.
Crypto – Crisis? What Crisis?
In my post on 20th February I was looking at the big support levels on Bitcoin (BTCUSD), Solana (SOLUSD) and Ethereum (ETHUSD). I was leaning towards seeing a retracement / consolidation on Crypto in the first half of this year and then strong new highs towards the end of the year with possible bull market highs pencilled in for Nov/Dec 2025.
On Solana I gave three big support ranges and we were testing the second 180-216 range on a weekly close basis at the time. The third level is the 120-150 support/resistance range and by the time of my last post on Tuesday Solana was testing that and, with the low so far today at 125.43, is still holding the lower end of that range. I added that on a break below there is a last level at the Aug 2024 low at 110.02 that, if broken, would then raise a very real question as to whether the bull market is over.
(more…)The Protective Collar: A Smarter Way to Hedge
For those unwilling to sell but smart enough to hedge, there’s an old-school strategy that institutions use all the time but retail investors often ignore: the protective collar.
Wall Street’s professionals love this play because it locks in profits without forcing them out of the game. A collar strategy lets you stay invested while limiting potential losses. Why don’t more retail investors use it? Simple: they hate giving up the dream of unlimited upside.
(more…)Duke’s Place
Gene Hackman, R.I.P.
I was sad and sorry to hear that legendary actor Gene Hackman was discovered dead recently. Evidently, he, his wife, and one of their three dogs (in a crate) died some time ago in their home under mysterious circumstances which are being investigated. It would be sad enough if he died un-mysteriously. Here is to the memory of a man who performed many memorable performances.
