Further to my last Weekly Market Update and its Addendum, this week’s update will look at:
- 6 Major Indices
- 9 Major Sectors
- SPX:VIX Ratio
- SPLV vs. SPX vs. CRX
- Various World Markets
- Stocks Above 20/50/200-Day Moving Averages (more…)
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.
Emerging Markets, AUD/CAD, and China
We may see some nice follow-thru on this EEM channel break and a correction down to major support at 36.50, as shown on this Weekly chart. (more…)
Nikkei On Its Way to 12600?…or 11500?
It looks like Japan’s Nikkei e-mini Futures Index (NKD) may well be on its way down to its next confluence support level of 12600, as I discussed in my post of May 24th, and as shown on the Weekly chart below. There is the potential for a bearish 3 Black Crows candle pattern to form, depending on where this week’s candle closes. A close near its low this week, technically, portends further weakness. (more…)
A Case in Favour of Extending QE But at What Cost to America?
It looks like the Fed will have to continue carrying the financial aspects of the economy for awhile due to softening manufacturing data released today. However, I haven’t seen any constructive bi-partisan fiscal policy emanate from Capital Hill that even attempts to support the Fed’s actions. Instead, they’ve been silent, uncooperative, and unproductive since the 2008/09 financial crisis. (more…)
Money Flow for May Week Five
Further to my last Weekly Market Update, this week’s update will look at:
- 6 Major Indices
- 9 Major Sectors
- SPLV vs. SPX vs. CRX
- SPX:VIX Ratio
- Q2 Targets (channel update)
- Various World Markets — N.B. Please refer to my next post entitled “Addendum to Money Flow for May Week 5” for details on these markets due to the length of both posts (more…)
