It looks like Consumer Staples (XLP) has reached peak strength on its sinewave. Will it start to weaken at this point? I’m thinking so.
Will Staples Bend?
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.
Sealed!
Well, that’s that. Both TBT and TLT have sealed their price gaps. It would be QUITE appreciated if that was the limit of the bond move, thank you very much. We shall soon see.
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Runaway Real Estate
How much longer can this beast fly higher? I’m thinking not much longer. Look at the trendlines I’ve drawn on the symbol below, IYR. Major resistance is coming up quickly.
Two Different Worlds
Well here’s quite the contrast. Below is the DIA (the Dow Industrials), which is at the highest price level in the history of the universe.
Sources of Power
