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.

Money Flow for July Week One

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Further to my last weekly market update, this week's post will take on a different format. This may be a more useful and simple format for me to use on a weekly basis instead of the previous lengthy ones that I've been reporting on since the beginning of this year, in order that I may compare overall market and sector strength/weakness, and to assess appetite for risk during the past week relative to the long, medium, and short terms.

Below are a series of chartgrids of the 4 Major Indices and 9 Major Sectors showing Monthly, Weekly, and Daily timeframes. Each chart contains a set of Bollinger Bands, a 50 sma (red), and a 200 sma (pink). Generally, the mid-Bollinger Band (20 sma) will represent the "MEAN" to which price will revert as markets become overbought or oversold at their upper and lower Bollinger Bands. Price above the mid-Bollinger Band will be considered "BULLISH." Price below the mid-Bollinger Band will be considered "BEARISH." A green candle will depict "RISK ON" and a red one will depict "RISK OFF."

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Setups Priming Themselves for the Short (by Ryan Mallory)

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There's a couple of caveats I've got to mention first here. The first, I'm not looking to add any short positions to my portfolio, because there's not a significant breakdown at this point in the indices, and to think otherwise is based more on speculation than anything else. 

However, I'm constantly screening for short setups, because I'm a firm believer in being ready for possible market reversals, and when those times come, I don't want to be scurrying around looking for shorts in the process… instead I prefer to be Boy Scout ready. 

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Wheat and Bonds (by Heavenskrow)

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Long time no see Slopers! Coming into 2012, I thought I had 2 trades for donators that were great for long-term investments and thus stopped checking the markets everyday. Unfortunately one of those trades got stopped out in May and thus had to come out of retirement.

The trade that failed was shorting the 30yr Treasuries…which went BUST as of May 2012 as it broke a 30yr resistance line which coincided with a resistance hit of the NYSE Composite(note:I am long bonds now instead of short)

 

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