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.
And They’re Off…..
I have a large long position in the SPY based on the IHS pattern that's been beaten to death from discussion. It seems Bernanke handled things just right at the press conference, and all assets (except for the dollar, which is heading toward $0 apparently) are up. Congratulations are in order to the silver bulls whose metal, as of this writing, is up over 6% today alone.
Today’s Parable (wait until the end……..)
WMS Looks Ready to Tumble
Time to Buy Treasuries (by Duuuuuuuude)
QE 2 is ending in June. It would probably help your trading to recognize what affect this program has had in various markets you might invest in.
In the chart below, I have outlined the effects the Quantitative Easing programs have had on various asset classes. It is easy to recognize the beneficiary of easy money. Looking ahead, I expect these asset classes to continue to work in a similar fashion. These asset classes behave in a particular way with stimulus, and without stimulus.
Looking at how strongly correlated US Treasuries are to Quantitative Easing, I would not want to own TBT here unless for some reason treasuries break down here.
