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.

Daily Short-Term, High-Probability, Mean Reversion Indicator

By -

Short-Term, High-Probability, Mean Reversion Indicator

I hope that all of you find the following information useful in your trading endeavors. 

Benchmark ETFs

S&P 500 (SPY) – 64.9 (neutral)
Dow Jones (DIA) – 64.2 (neutral)
Russell 2000 (IWM) – 58.8 (neutral)
NASDAQ 100 (QQQQ) – 75.6 (overbought)

Sector ETFs

Biotech (IBB) –52.2 (neutral)
Consumer Discretionary (XLY) – 70.3 (overbought)
Health Care (XLV) – 60.7 (neutral)
Financial (XLF) – 50.1 (neutral)
Energy (XLE) – 65.7 (neutral)
Gold Miners (GDX) – 37.6 (neutral)
Industrial (XLI) – 63.9 (neutral)
Materials (XLB) – 49.0 (neutral)
Real Estate (IYR) – 78.5 (overbought)
Retail (RTH) – 65.6 (neutral)
Semiconductor (SMH) – 64.2 (neutral)
United States Oil Fund (USO) – 51.2 (neutral)
Utilities (XLU) – 44.9 (neutral)

International ETFs

Brazil (EWZ) – 25.8 (oversold)
China 25 (FXI) – 52.1 (neutral)
EAFE (EFA) – 55.4 (neutral)
South Korea (EWY) – 42.7 (neutral)

Commodity ETFs

Gold (GLD) – 52.9 (neutral)

Ultra Extremes

Small Cap Bear 3x (TZA) – 39. 1(neutral)
Small-Cap Bull 3x (TNA) – 57.2 (neutral)
UltraLong QQQQ (QLD) – 74.7 (overbought)
Ultra Long S&P 500 (SSO) – 63.0 (neutral)
Ultra Short S&P 500 (SDS) – 32.9 (neutral)
UltraShort 20+ Treasury (TBT) – 57.6 (neutral)

I work hard to bring you my latest views, opinions and research on a daily basis. If you are a loyal reader and find my thoughts useful please show your support by joining my options newsletter service with real-time trade alerts. My performance speaks for itself.

Watch and learn firsthand how I implement my options strategies.

Kindest,

Andy