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.
The Raging Rally
The Oil Sector Has Tipped Its Hand
The oil service trust fell over 40% in just over two months recently, and it has clawed its way back almost to the trendline. I think this is looking like an attractive short, although it might have a little more "clawing" to do as the market embraces the notion that we're back in a full-blown bull market again. I have already established a small starting position with a stop at 122.65
Betting on Dollar vs Yen (by Mike Paulenoff)
Rumors are circulating that in an effort to enable its exporters to compete effectively with China, Japanese authorities are considering some sort of currency "peg," perhaps to a basket of currencies, or vis-a-vis the Yuan, or maybe even in part to gold.
In addition, there are currently heated discussions in Congress about declaring China a "currency manipulator," or otherwise coercing China to allow its Yuan to appreciate faster to enable American business to compete more effectively on a global basis.
Charts of the Day (by Harry Boxer)
Originally published on TheTechTrader.com.
