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.

Record CCI on FXI

By - 

PLEASE NOTE that, quite obviously, we've had some rough technical issues the past 12 hours, but it's only because we're doing a major upgrade. I've mentioned four times in a row (but somehow people keep missing it) that comments are OFFLINE for the foreseeable future (and it's tempting, frankly, to LEAVE it that way until December 1st, considering what's about to happen). Anyway, the site is 98% functional. and we're working on this sacred Day of Rest to even get comments restored.

The ETF for Chinese stocks, FXI, has had an incredible two weeks. I don’t use indicators much but take a gander at the CCI for the entire history of FXI. It has never been higher. Ever. The last time it was anything close to this high, it immediately fell for months. This is an historic ascent.

(more…)