This all the mayhem around rocket stocks, I was tempted to short Firefly Aerospace (FLY) last week based on nothing but its price gap. I confess, I just couldn’t get up the courage. What a shame! Look at that hard reversal.
Swatted a Fly
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.
Garden Noem
I present to you the dramatic versatility of one Ms. Kristi Noem, whose wide-ranging emotions I have captioned for your convenience:
The Log Lady
Sometimes when I want a flair for the dramatic, I will sneak into the preferences for SlopeCharts and change the scale to arithmetic instead of the more appropriate logarithmic. In the case of precious metals, however, I don’t even have to bother. These are log scale charts, in spite of the fact they look absurdly explosive.
3 Snowmen & Precious Metals
Two segments excerpted from the January 25th edition of Notes From the Rabbit Hole, NFTRH 899
The 3 Snowmen
Long-term subscribers may remember the 3 Snowmen. The HUI measured target of 888 I had back in the 2010 time frame. It was a simple measurement of the crash and recovery pattern of 2008-2010. As a TA, that is often what I do; measure things.
Well, in a fine lesson about being open-minded, Bernanke’s cyclical inflationary emergency operations altered the macro and croaked my target for the counter-cyclical gold sector. Mr. Fat Head (H&S) formed and that was that. The dawn of a terrible bear market, 888 just fantasy unfulfilled.
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