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.
Gold and Silver as a Macro Sign Post
The last week has been a fright fest for the gold “community”. But these are the financial markets, not a community. There is a world outside of what ever is going on in gold and silver. A macro economic backdrop filled with entwined and correlated assets and markets all trying to form a message when taken as a whole.
Sure, gold – as a monetary metal – is a big one when it comes to macro indications, but what is really important is the great question that has been ping-ponged about for many years now between intellectuals on either side of the debate; inflation or deflation? (more…)
The Hardest Trade to Make Right Now
It’s here. It’s finally here.
EURUSD Breaking Up
My sympathies this morning to the victims of the bomb blasts in Boston. A particularly contemptible act by deranged and hate-filled idealists seeking to make the world a better place through indiscriminate murder. As far as I’ve been able to ascertain no group has yet claimed responsibility, but I’m sure the full power of the US is bent towards identifying the perpetrators and bringing them to justice.
SPX fell heavily yesterday and closed well below both the daily middle bollinger band and rising support from the November low. I’m pretty certain we are making or have already made the Spring interim high here and we should see an H&S or double-top form here, though it isn’t clear yet which we are going to see: (more…)
