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.
Here’s an interesting tidbit that shows you how fast things can change. Back on October 10th, Tesla did their big “We Robot” event. It was pretty much a huge flop, and the next day, UBER rocketed to a lifetime high, since they figured they would totally own the FSD market for years. Well – – a month later, UBER is down over 20%, and there’s been hardly an uptick to speak of.
I believed that – – and wrote – -that Trump would win the election for most of 2024. However, I didn’t think it would be a blowout win. I figured he’d lose the popular vote and win the Electoral College. Instead, it was almost a Reagan-level victory. Popular vote: won. Electoral College: won. Senate: won. House: won. Supreme Court: majority.
With all of that, Bitcoin has been celebrating like mad, up $30,000 over the past ten weeks and up over $10,000 since last Monday. It got within spitting distance of $83,000 last night.
Since 2024 is Slope’s 20th Halloween, I’m confident that I’ve written, annual, twenty times in a row, that Halloween is the best holiday ever created. You don’t have to make any freakin’ meals. You don’t have to buy any damned presents. Your total budget is maybe $50 in candy, the stock market stays open, plus you get to dress up. It’s awesome.
Well, there I go again. Great chartist. Crummy trader.
My thesis, as I mentioned every 12 minutes, is LONG precious metals (silver, specifically) and SHORT equities. That actually, based on my picks, has been working out just dandy. Yesterday morning, prompted by yet another pop in silver, I decided to take profits and retain only a partial “let’s see how things go” position. Well, the way things “went” has been to continue zipping higher, as I predicted:
