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.

Deja Vu So Far (by Springheel Jack)

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I was reading a writeup from a fairly well known analyst yesterday stating confidently that QE announcements are followed by bull runs of 10% to 15% in the following four to six weeks. He shall remain nameless, but the evidence doesn't really back up that view. It's true that when QE1 was announced in November 2008 there was a rally from the 800 area to the January high at 943.85 but there's a very good argument that was coincidental, as SPX was already rallying from a very oversold short term double bottom at 741.02 into the January 2009 high before the final bear market decline into the March 2009 low. The picture from the announcement of QE2 looked rather different. 

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The Week Ahead by BKudla

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Well if you looked at my post last week, every target on my charts were hit or exceeded. Wow! What I did not expect was the follow through.  I was convinced we'd get some profit taking.  My trade signals stocks had another great week, but I was more lightly invested than my signals, so I had an OK week, but quickly added back to my miner positions.

What I am trying to get my arms around is how buying MBS's in a already low interest rate environment is going to add any more juice.  I mean people who can refinance probably already have, right?

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