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.

ETF Focus: Sectors

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Preface to all four parts: This weekend, I’ve taken some favorite exchange-traded funds (ETFs) and broken them into groups. I’ll share a few thoughts about each of these below, and as always, clicking on any chart will make it fill your screen, whatever size that may be.

Let’s look at some specific sectors. The first is a favorite, which is the homebuilders. It has been in an ascending channel for many years, and it has completed a remarkably good topping pattern within the confines of that channel. I believe it could get as low as the lower trendline, ultimately.

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ETF Focus: Energy

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Preface to all four parts: This weekend, I’ve taken some favorite exchange-traded funds (ETFs) and broken them into groups. I’ll share a few thoughts about each of these below, and as always, clicking on any chart will make it fill your screen, whatever size that may be.

This is one sector where I’ve been whipped for the past few weeks. Commodities – -energy in particular – – simply keep bullying their way higher, almost without a downtick to be seen.

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ETF Focus: Major U.S.

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Preface to all four parts: This weekend, I’ve taken some favorite exchange-traded funds (ETFs) and broken them into groups. I’ll share a few thoughts about each of these below, and as always, clicking on any chart will make it fill your screen, whatever size that may be.

We begin with the Dow Industrials, which has been following a descending channel and has been hammering out a fairly steady series of lower lows and lower highs. We’re at about the midline currently.

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By Way of ETFs

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Well, folks, since the NASDAQ QQQ moved about one-tenth of a single percentage point, the amount of stuff there is to talk about isn’t much greater than it was on, let’s say, Sunday. Things barely moved at all today (grateful as I am that it was red across the board, albeit barely). So I’ll just share some key ETFs and a few thoughts on each.

Starting with the EFA (worldwide equities, except for North America) we see a picture-perfect gap fill and a price push precisely to the underside of a broken major trendline. This is super clean!

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