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.
SPX/Gold Ratio
Rally Approaches Anticipated Decision Point
The rally in the SPX/Gold ratio is nearing a critical decision point
From a post on the precious metals and the “new macro” in January:
The 3 Snowmen and the Precious Metals
I think the US will come back from this, both to its senses and to a sounder financial system. Gold will be at the center of this. The stock market will not. It was the beneficiary of the old macro. Unfortunately, a vast majority is operating as if we are still in Kansas (AKA the old macro). We’re not there anymore.
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Shop & Awe
And we all awaken to a new day, and the /ES is as clear and well-defined and a pot of overnight oatmeal that we left out yesterday evening. What an inscrutable mess.
Only in Palo Alto
Seriously, this checks all the boxes: Cute Asian female, check. Real estate-related, check. Famous billionaire, check. Criminal charges dismissed with a slap on the wrist, check.
Breakout Dud
The explosive breakout from Thursday night’s session has now been unwound. I’ll be doing a video this afternoon to consider what’s next.
