I suggest keeping a close eye on the emerging markets via symbol EEM, which has been following a clean channel for twelve months now. We’ve come all the way down to channel support, which is a true “make or break” (or, more accurately, bounce or break) moment.
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.
Inflation all the way, baby!
Nicest. Comment. Ever.
Well, this one is a keeper (click for readability):(more…)
Perfect Liquid Touch
As much as interest-sensitive ETFs have been plunging, it’s been anyone’s guess when they would bounce. Well, our little trendline friend on LQD did a pitch-perfect job (green arrow). I think that it suggests is that any rally will meet resistance at where I’ve put the red arrow.