I’m not keen on FOMC days, and even by usual standards yesterday’s FOMC action was pretty wild, which was odd as essentially nothing new was revealed. On the wild spike up after after the first spike down the declining channel on SPX was broken and I posted a very nice technical rally scenario on twitter. Even after the next wild spike down yesterday that is still very much in play as long as yesterday’s low area holds, and so here is that chart that I posted then. SPX 60min chart: (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.
The Bond Kings Have Been Educated
Bill Gross and Jeffrey Gundlach are magnificent bond fund managers, they are known as the bond kings. Recently, both bond kings have suffered large redemptions within their bond funds as losses are realized due to interest rates rising. (more…)
Fed Minutes… Head for the Hills!!
While the MSM instigates reasons why we should give a damn about what people who have little control over the T bond market were thinking at the last meeting, why don’t we just tune it all out and manage the markets instead? (more…)
Ask and Ye Shall Receive
I was grumbling yesterday morning that the lack of any bounces in the decline so far meant that I had little to work with in terms of trendlines or patterns. After yesterday’s bounce I’m happy to say that has all changed today.
The script for the bounce yesterday follow (more…)
The Bottoming of Deflationary Expectations & Treasury TIC Data
Here is the chart we have been using in NFTRH, showing inflation protected T bond fund TIP vs. regular T bond fund TLT. (more…)
