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.
Island reversal on the ETF.
Big reversal candle on the Kospi.
USD/KRW has an increasingly bullish setup with DXY separately building a bullish base.
To top it off, Korea has some of the worst demographics on Earth in addition to being perhaps the most crypto-crazy nation on Earth.
(more…)Over the years, I’ve made my feelings about crypto fairly well known (in case I was too subtle, yesterday’s “Bitcoin Blows” post might have tipped you in the right direction). Bitcoin itself has lost over $25,000 since just a few weeks ago (and remember, BTC is the “blue chip”, as compared to all the other scams and crap out there).
Below is META. The arrow marks the end of one chapter of THE TALE and the start of another. The collapse is as it should be.
Last Wednesday, before Powell spoke, I dumped my IEF long position for a minuscule profit. I’m glad I did, because the price sank in the days that followed. I have re-entered the position, pushing the entirety of one of my portfolios into IEF. This is just a place to wait for PALL to work its way down to a good price, at which time I’m convert all my IEF into PALL instead. As it is now, I just want a boring place for my cash to hang out while (hopefully) precious metals pound their way to an attractive price point.
I’ve long held that shorting stocks is the most fun you can have with your clothes on. This pleasure is only accentuated when I am short stocks to which I have a fundamental moral objection.
An excellent case in point is Royal (!) Caribbean (RCL) and Carnival Cruise Lines (CCL), the “section 8 of the seas.” These organizations market brief chunks of time when lumbering, porcine guests waddle their gigantic ‘mericuhn asses onto giant floating hotels and gorge themselves on fat and alcohol while briefly distracting themselves from their tortured lives. The charts are as lovely as the passengers unsettling:
