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.
Home Sweet Loan
Not There Yet
If the long-term picture provides for precious metals to beat the stuffing out of equities, the patterns have been playing out beautifully. However, for an impatient person like me, I have to admit that there’s plenty of room left for stocks to rally (or metals to weaken) until we fully retrace the massive topping patterns that have already been put in place.
SPX/Gold Ratio
Rally Approaches Anticipated Decision Point
The rally in the SPX/Gold ratio is nearing a critical decision point
From a post on the precious metals and the “new macro” in January:
The 3 Snowmen and the Precious Metals
I think the US will come back from this, both to its senses and to a sounder financial system. Gold will be at the center of this. The stock market will not. It was the beneficiary of the old macro. Unfortunately, a vast majority is operating as if we are still in Kansas (AKA the old macro). We’re not there anymore.
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AMD’s Wild Afternoon
It’s nice not to care. That’s the first thing I’ll say.
I’ll explain in a moment but take a look at AMD after hours. It came out with earnings and immediately plunged. For some reason, based on the same data, it decided to do a hard U-Turn and went roaring higher. Even as I typed these words, it zipped higher still. You can imagine the emotions pulsing through AMD traders right now, particularly when the stock went from collapsing to exploding to lifetime highs in a matter of minutes.
