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.

Gold Stock Correction on Cue

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Bull Market Far from Over

The gold stock correction was needed, is healthy and will provide opportunity

Let’s not belabor the point; the gold stock correction came as implied – and frankly, as needed – with several indicators of excessive counter-cyclical sentiment driving broad stocks down and gold stocks up.

That’s the bad news in the short-term (good news, if prepared). Beyond the short-term, the better news is that we are very likely seeing an upward adjustment in over-bearish broad sentiment as the stock market continues upward (also as anticipated).

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The One Wild Card

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I have spent the morning right-sizing, covering (where necessary), and adding new positions. It’s time-consuming, but I try to do this is a logical and methodical manner based on decades of charting experience and my own personal disposition toward risk tolerance.

There is one outlier out of my newly-updated count of 20 positions which is fairly indefensible, however. I have cut its size in half, and through gritted teeth, I am hanging on to this short. Its symbol? EFA, of course!

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