This Afternoon’s Big Earnings
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.
I Predicted $5,000 Gold
Originally, I was going to put this post together to highlight the fact that Big Round Numbers were coming up soon for silver ($100 per ounce) and gold ($5,000), both for the first time in history. After all, gold is blasting higher at this very moment:
Permanent Advantage: Bulls
You will recall my referencing of my “Advantage: Bulls” post from nine days ago as evidence of a major inflection point. Well, I feel even more wretched than I did when I wrote that post, so take that into account. We have just emerged from a global geopolitical cataclysm as if absolutely nothing happened.
The folks over at CMV have had to invent new levels to show how overvalued the market is.
Boxing the Ornaments
Yes, our tree is still up. Yes, it’s almost February. Yes, I just really like the coniferous scent of the holidays. Still, Mishka decided it was time to start putting away some of the ornaments.
Bored of Peace
The continuation of the TACO rally from yesterday can be seen by way of the price gaps which help illustrate the varying degrees of resilience in different sectors of the market. On the /ES, the gap (arrow) remains unsealed, although almost all the damage has been undone.
