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.
Happy Canada Day to Canadian friends and Happy Independence Day to American friends!
The Macro chart that caught my attention this week was on Bonds and is shown below. It’s pretty self explanatory. We have a good 7 year channel in place with many tests to the upper and lower trend lines. The break outside the channel is a warning flag that something is changing. Price will likely fall back into the channel but breaks outside of well established channels require consideration. (more…)
I’ve posted the chart for the rising wedge that broke up on SPX this year a few times with the comment that the upside target was 1965, but haven’t added much to that because I was planning to look at this pattern target in detail in this dedicated post. (more…)
Have you noticed that the extremely well respected bond fund managers Jeffery Gundlach & Bill Gross have been out in force all over the financial media in a concerted effort to assure us that the sharp spike in bond yields is nothing to get too concerned about? Anytime big league fund mangers are overtly delivering sure-fire batting instructions and pitching perfectly timed advice on the markets, my antennas go up as I become suspicious of a dastardly curve ball heading directly for the plate. Why now and why such persistent prognostic public pronouncements over the stadium’s loud speakers? (more…)