One of the biggest beneficiaries of the Powell Surrender has been the high-yield bond fund, symbol HYG, shown here.
High Yield Peak?
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.
Major ETFs and PSAR
Monster Diamond
Just a reminder that the consumer staples ETF symbol XLP is still sporting one of the largest and cleanest diamond reversal patterns I’ve ever witnessed.
Mining Sinks
One of my favorite charts these days, symbol XME, is the metals and mining fund. We are turning away from the fourth major reversal pattern on this.
Emerging Conflict
Below are two ETFs based on non-U.S. markets which illustrate the conflict between, on the one hand, the well-formed bullish base that emerging markets have established:
Mining Number Four
Greetings from Harvard University. I flew across the very, very wide United States of America last night and will be spending the day here before heading back home. So I’m going to spend 50% of a 24-hour period on a plane seat.
I wanted to revisit the Metals & Mining ETF, symbol XME, which, in spite of the tremendous rise for the past nine weeks is still sporting a very well-formed reversal pattern. I consider this rally to be countertrend.
North and South
As I was thumbing through ETFs, I was struck by how interesting our neighbors to the north and south are looking as short candidates. Here is the fund for Canada:
