One of my favorite albums of all time is The Juliet Letters (Elvis Costello and the Brodsky Quartet), which is simply ingenious. Here is an especially favorite song from the collection:
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 Bottom in 10-Year Treasury Yield Signals a Change of Era
by Michael Paulenoff, MPtrader.com
Summary
- The bear market for benchmark 10-year Treasury yield is at its end – disruption is coming
- Numerous indicators corroborate: we are in the midst of an economic transition
- Will the Powell Fed quickly evolve into a strong counter-balance to the powerful economic transition?
- On an intraday basis, we explore these overarching themes overlaid on price behavior in my private investing community at MPtrader.com.
Take a close look at the monthly chart of benchmark 10-year US Treasury yield (Fig. 1) for the period 1981-2018, a 37year period. The dominant bear market for yield may still be alive but is not necessarily all that well.
Sayonara, Baby
Just like I said……….
Three Shorts to Watch
From Harry Boxer: As the market sells off, here are some charts that could continue lower.
Advanced Energy Industries, Inc. (AEIS) declined by 38 cents and closed at $66.32 on 334,100 shares traded and no news Wednesday. Price began to break down from a bear flag, failing to close above the right edge of the flag at $67. The power tech company’s CFO resigned on January 26. The value of the stock has depreciated by near 30% since October 30. Next target: $57.
Sun Hydraulics Corporation (SNHY) went down $1.83, closing at $51.92 on 627,300 shares traded Wednesday. The stock looks done with its climb up to $70 over the last several months, having rolled over on January 30 into a month-long bear flag consolidation that broke further down this week. The move followed the fluid power manufacturing company’s quarterly earnings announcement on Tuesday. If the stock cannot stay above support at about $44.50, $41 may not be far behind. (more…)
