Although I’m a big fan of precious metals (particularly palladium these days), and there are a couple of individual metals miners that I think are terrific long positions…………
Why I’m Short GDX
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.
Short Cathie D. Wood
It seems to me that ARKK is ready to roll over here.
July ETF Update
As we sit here with the most expensive stock market in history, let’s take a look at some ETF charts.
The SPY has blasted higher almost nonstop from April 7th. Indeed, checking x.com, “$SPX” is one of the top trending items, which should tell you just how many shoeshine boys are out there.
ETF Examination
Instead of doing a video of all twenty ETFs in my main list, I just wanted to write some remarks on some specific ones this weekend.
Gold’s ascent sputtered out in April, and we double-topped recently. It could have a long way to sink to digest all those gais.
About the Miners Short
As big a fan as I am of gold and silver, this chart of $XAU – the gold miners index – caught my eye. The tinted portions indicate major points of resistance, measured over many years, and it was compelling enough for me to short GDX.
