Biggus Dickus
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.
February ETF Survey
This was an enormously important week in the markets. Let’s look at a dozen crucial ETF charts. First off is the emerging markets, which is sporting a fantastic wedge pattern. It broken this pattern months ago and executed a pitch-perfect “tag” of the underbelly of the wedge pattern just a couple of days ago. The fall on Friday makes all the sense in the world.
I Was Right. Again.
I made this call a mere six days ago, although I was deliberately being conservative.
I seriously should get a Nobel Peace Prize or something, since they’re so meaningless these days.
Grow a Pair
The ratio charts on Slope telegraphed the historic precious metals move months in advance. Let’s catch up with a few of these. On the whole, the message is the same: long-term, precious metals will beat the pants off of equities. Shorter-term, precious metals have moved so far, so fast, that the snapback – – which has already started – – is bound to be violent.
The NASDAQ Composite divided by silver finished its topping pattern weeks ago. What’s remarkable is how the price action plunged beneath the completed top with far more force than the prior instance.
Pocket Rocket
One of the hot sectors in recent months has been any stock that bears any resemblance to SpaceX. AST SpaceMobile has been a particularly big success story.
