Compelling reasons for a EURO Bounce:
1. Too many EUR/USD shorts on, a short Squeeze is way overdue.
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.
Weekly Wrap (by Strawberry Blonde)
My post of December 30, 2011:
http://strawberryblondesmarketsummary.blogspot.com/2011/12/2011-market-wrap-up.html
In that post I made reference to a number of markets to wrap up 2011. I'll provide commentary on those markets to wrap up and compare the action this past week.
The Nasdaq 100 Index was the biggest gainer, with the Dow Utilities the biggest loser, compared to the Dow 30, Dow Transports, S&P 500, and Russell 2000 Indices, as shown on the 4-Day graph below (courtesy of www.Stockcharts.com).
There Is No Decoupling (by BBFinance)
Yesterday while the US$ index made a new high, equities and gold ended in green. And people have started believing that this time will be different. I hate to be the bearer of bad news. Sorry, no Virginia, there is no decoupling of USD and Equity. Not yet. Every time dollar has risen without having an influence in the ES, the SPX rebalances in the next season. This was one of the reasons I went short last evening before close. Even today US Dollar index climbed higher.
Danger, Will Robinson (by BKudlaQA)
I will let these three set of charts speak for themselves. I already have sell signals on SPY, Risk and SLW. This market is flat topping to boot. Per my cycle guy @polytrade on Twitter we are due for a pullback, as well. Enjoy and follow the actionable signals. Hat tip to Mcclellan Oscillators, Kitco, and Market Montage respectively.
