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.
Money Flow for December Week 4 (by SB)
Further to my last weekly market update, this week's update will look
at:
- 6 Major Indices
- 9 Major Sectors
- Index/Volatility Ratio Charts
- 30-Year Bonds
- U.S. $
- EUR/USD
- Fed Monetary Stimulus Program "Canaries"
Last week I
said:
"In summary, we may continue to see volatile
intraday/overnight swings with little follow-through on lower volumes, until the
"Fiscal Cliff" issue is settled and until the end of the year, as fund managers
re-organize their portfolios for the 2012 year-end and Q4. At the moment, equity
markets still appear to be hedged in Bonds and the U.S. $ as they trade near
major resistance levels…this will likely continue until a convincing and
sustained breakout occurs in equities. As well, I continue to watch the Fed monetary stimulus program
"canaries" and the 1.3250ish resistance level on the
EUR/USD forex pair as possible indicators of equity weakness
that may become a cause for concern by bulls…at the moment, they are
signalling caution, as I discussed in those two articles this
week."