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.
Where the Nuts Come From
Once again (so far at least), we got out usual schtick from the market: green prices all over the place for absolutely no good reason, and then a reversal. It’ll be nice if it actually manages to drive lower again. I miss those days.
While we are waiting, I wanted to point out again my fondness for Brazil as a short, by way of the symbol EWZ. Here’s the pattern with its Fibonacci retracements:
Short Emerging Markets Bonds
It’s Time to Short Bonds
Emerging Averages
I suspect the market is going to be in a state of “arrested development” today and tomorrow, since everyone and his brother is waiting for the stupid G20 to finish and some kind of announcement (or lack thereof) to be made.
In the meanwhile, let’s take a look at the emerging markets ETF, which has been steadfastly bearish all year long. I’ve circled in red where the respective crossunders took place with the exponential moving averages (50/100/200) and have tinted each “lower high”. This downtrend will remain intact as long as no “higher high” takes place.
