Ridiculous

As we heard toward $ 20,000 this weekend on Bitcoin……….I will preface this by saying I don’t have a dog in this fight. Whether Bitcoin plummets to its intrinsic value of $ 0.00 and makes people look like idiots, or whether it goes to a trillion dollars per Bitcoin, it doesn’t matter to me. But I want […]
Slope of Hope

Amid Bad Fundamentals, Gold Sector Rally May Have Begun

See edit at end, adding in the favorable gold and silver CoT. We have been expecting a seasonal rally in gold, silver and the miners off of a bottom due in either December or January, as is typical of the sector. I’ve marked up Sentimentrader‘s seasonal gold pattern to show the secondary low made (on […]
Slope of Hope

Boing!

I cannot remember the last time I’ve grabbed my iPad from the side of my bed in the morning, fired up thinkorswim, and actually saw red on the screen. The ES and NQ are green. Every. Single. Day. This morning, naturally, is not exception. Concerns about the let’s-finish-raping-the-poor tax travesty bubbled up yesterday, and the ES […]
Slope of Hope

Let Me Satisfy Your Data Needs

Sounds like a saucy subject post, doesn’t it? But I’m serious. I recently fell into an email conversation with a SlopeCharts user who expressed a strong interest in seeing stock data for a particular country outside the United States. Given the success of cryptocurrency data on SlopeCharts, I’ve been increasingly interested in offering other kinds […]
Slope of Hope

Semi Bullish?

As an email from [omitted] entitled “Cyclical Indicators Soar” hits my inbox, I thought I’d update a cyclical indicator of another kind. You know, the friggin’ cyclical indicator that preceded them all? Why, it’s none other than our Canary in a Coal Mine, the Semi sector and in particular, Semi Equipment. The progression and projection […]
Slope of Hope

The Speed of Lite

If it weren’t for cryptos, I wouldn’t have anything to talk about. Because, Jesus Tap-Dancing Christ, the completely-rigged, utterly-controlled equity markets have become as boring as the director’s cut of a Janet Yellen sex tape. Having said that, it’s refreshing to see charts which actually act like charts, such as LiteCoin (which seems due for […]
Slope of Hope