Charming Bungalow
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.
Bet the House
If you believe, as I do, that real estate is going to be in trouble, I have three ETFs to suggest as long term (let me put that in caps……LONG TERM) bearish positions. This is not a 0DTE trade. This is something which I think will be good for months to come.
The first, XHB, is mashed up against the top of an extremely long-term price channel. Let’s just say it’s got plenty more open air beneath it than it does room to roam above it.
The IYR Fibs
Fibonaccis are cool, but they only seem to work with a handful of financial instruments. It tends to be a hit-and-miss game to figure out which these are. In my estimation, one of the most “obedient” financial instruments with respect to Fibonacci Retracements is the IYR, the real estate ETF. We have seen these lines provide potent levels of support and resistance for literally years at this point. The most recent occurred on Friday, when it blasted right up to its 78.6% level, which it hasn’t visited in 27 months (!).
We’ll Always Have Cleveland
Red-Hot Vermont
I visited Vermont only once, when I was a kid, but I fell in love with the place. It looks like everyone else is waking up to the beauty of the state, as it leads the way in housing price gains.
