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.
What Can We Expect from a Euro Rally? (by Closing Basis)
Ok, so if the rest of you are anything like me, you're wondering where the market is going to go when it is at bullish extremes and screaming for a sell off/pullback, yet at the same time, it looks like the Euro is getting ready to rally and the US bonds getting ready to sell off which should encourage further upside in the indices.
So, I threw together a 3yr comparison between the S&P500, TLH (10yr notes), and FXE (Euro ETF). I've made some interesting and consistent observations so check it out.
BDI eyes BDI
The Week Ahead (by BBFinance)
After the surreal week when equities defied all logic and reasoning only to gain 15 SPX points, the hangover from the party may be due next week. In the process, all trading parameters have been trashed to the extreme and if there is anything called super overbought, it is here and now. But we all know that markets can remain irrational longer than we can remain solvent or sane. So we see die-hard bears throwing in towels. When such a thing happens, you know that the reversal is round the corner.
The situation is not a cut and dry one. I expect a higher high in February before weakness returns with a vengeance. By May of 2012, the bulls will forget that they were ever so ecstatic. The mood will swing from euphoria to eternal gloom. But we have some unfinished business before that. For now let us take a short term view of only the next week and see what is possibly in store.
