My latest issue of Technical Analysis of Stocks & Commodities showed up in the mail today, and I was delighted to see this on the cover:
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.
Heads, Shoulders, and Feet
I’m no Luddite. All my life, I have enthusiastically embraced great new technology. Macintosh in early 1984. My first Tesla in 2011. Netflix in the 1990s. Google in 1997. Amazon during their earliest days. I know good technology when I see it. Hell, the book I wrote in 1982 predicted with breathtaking accuracy the Internet and its implications. So I’m not some old man chasing kids away from his lawn with a cane. I know tech.
Yet I’ve always felt the need to piss all over the crypto scene. Cryptos are a solution in search of a problem. The best they were able to conjure up was that Ethereum was going to be the way that everyone created contracts. Uh-huh. Let’s check in to see how the Ethereum revolution is going.
Where’s the Outrage?
James: Hey, Tim, do you want to know how to make a small fortune from cryptocurrencies?
Tim: Sure, James, how DO you make a small fortune from cryptocurrencies?
James: Start with a large fortune!
{rim shot}
Tonight, as I’m watching the crypto space continue to do what it has been doing for the entirety of 2018 – – that is, fall in value – – I am reminded of those ads which absolutely flooded the Internet late in 2017. Surely you saw them. There were dozens of flavors of this ad, but they all pretty much looked like these: (more…)
Gold’s Kill Zone
There is nothing bullish happening on the gold and silver charts. Nothing bullish on the miner Index/ETF charts. Nothing bullish on the HUI/Gold ratio. In other words, when it comes to a segment as volatile and sentiment-dependent as the precious metals, we are in the kill zone.
That can be read a couple of different ways. First, the inflationist gold bugs are getting exterminated as the US dollar first rose and since has stubbornly refused to take a pullback.
But the time to buy the gold sector is pretty reliably when the bugs are dead or at least hiding deep in the woodwork; so deep that you’d not even know they are still there. Just as you should have caution when gold bugs are trumpeting loudly, you should be brave when they are in full retreat… or worse, dead. (more…)
FOREX Charts Now LIVE!
Yes, it’s another major improvement for SlopeCharts, and it’s live and ready to use by everyone.
SlopeCharts gives you the ability to create a chart of any currency compared to any other currency. This is far more flexible than most other systems, which limit you to a handful of popular foreign exchange rates. With SlopeCharts, you simply choose whichever two currencies you want from 156 different choices, which means that tens of thousands of different charts are possible.
Using this function is quick and easy. First, choose the Currency Converter from the menu:
