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 Stocks Resume Rally

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Broad Market Shakes Off Mini Correction

Gold stocks rally with the broad market, and continue leading it

The gold stock sector has not been unique since the spring, when it was relatively strong while cyclical markets imploded under the pressure of Tariff mania. However, once the broads got on board the rally theme gold stocks have been part of the party (not unique) and leaders of it.

The GDX/SPY ratio pulled back hard in October, led a pullback in the broad markets, and gold stocks have since recovered leadership after holding the uptrend.

A financial chart showing the GDX/SPY ratio over time, with price movements and technical indicators for gold stocks.
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Half Day. Double Important.

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Good morning, everyone. You’ll be pleased to know that Slope won’t be participating in the Black Friday nonsense that you’ll be buried by today (bank websites and airline home pages notwithstanding). It’s a half day, and I wanted to share a few charts. Today is a travel day for me, so I’ll be extra-quiet this afternoon, but I’ll hit you with my normal firehose of content starting Saturday morning and last through Christmas. Promise!

The /ES futures are trying to push their way through minor resistance at this point. I think there’s about twelve people trading today, so action so far has been lackluster.

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