Sorry to keep mentioning palladium (wait, why am I apologizing for bringing this to your attention weeks ago???) but I wanted to highlight the fact that the base has completed, and the /PA price has reached escape velocity.
Completed Base
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.
Crypto Breakout
A couple of days ago, Bitcoin was near lifetime highs but was simultaneously at roughly the same price it was seven months prior. It didn’t seem like much an achievement, considering the tremendous amount of buying and political tailwinds crypto has enjoyed all year. On my tastylive show yesterday, however, I specifically said that Bitcoin seemed to be at the cusp of a breakout, and sure enough, shortly after my show, it rocketed higher to a new lifetime high and then, just this afternoon, rocketed yet again more thousands of dollars. So, bear though I may be, I called this one right.
Cathie Breaks Out!
In this up-every-day market, Cathie D. Wood is truly thriving. It’s like 2021 all over again!
Honey Nuts
In the “thank God I’m not short that” department is Kellogg’s, which this evening was announced to be the target of a takeover which is sending its surprisingly-young stock up by about 50%.
Momo!
Over at the permabull site Zerohedge, I was glancing at an article which broke down the Goldman Sachs (of course……..) basket of high momentum, high beta stocks. They presented the list in two dense graphics, here and here, and I decided to use my old friend Grok to tease out the actual symbols.
I first asked it to suck out the symbols from the second column of each graphic:
