What a gyp.
The world was supposed to be falling apart by now. Collapsed peace talks. Surprise blockade. Turmoil from all sides. And yet the entire goddamned market is UP now. The drop has been completely undone.
Worst. Crash. Ever.
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.
Soliciting a Miner
I believe precious metals miners are close to exhaustion, such as GDX and GDXJ, shown below. I’ve shorted the first one with a stop-loss price of 96.20.
Precious Ceilings
In SlopeCharts, you can automatically show the price value of a horizontal line. I’ve done so below so you can easily see the dollar figures of the various price gaps which I believe constitute resistance for these precious metals-related ETFs. As always, click on any chart for a much larger version.
Long Palladium
It’s been a long time, but I’ve bought palladium (PALL) again, this time with a stop at 121.50:
Gold Relief Rally?
I bought gold this morning for the first time in a very long time. It has had the stuffing beaten out of it, but owning GLD with a stop at 399 seems non-insane at these levels.
