I made this call a mere six days ago, although I was deliberately being conservative.
I seriously should get a Nobel Peace Prize or something, since they’re so meaningless these days.
I Was Right. Again.
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.
Grow a Pair
The ratio charts on Slope telegraphed the historic precious metals move months in advance. Let’s catch up with a few of these. On the whole, the message is the same: long-term, precious metals will beat the pants off of equities. Shorter-term, precious metals have moved so far, so fast, that the snapback – – which has already started – – is bound to be violent.
The NASDAQ Composite divided by silver finished its topping pattern weeks ago. What’s remarkable is how the price action plunged beneath the completed top with far more force than the prior instance.
Pocket Rocket
One of the hot sectors in recent months has been any stock that bears any resemblance to SpaceX. AST SpaceMobile has been a particularly big success story.
Fools and Their Money
Quantum Qrunched
Hey, remember quantum computing? That was a sector that, last year, was getting a tremendous amount of hype, in spite of no products, no revenues, and certainly no profits. It’s heartening to see some sanity return to the world, as, one by one, these tickers get blown to pieces.
