The ECB made available $530B in loans to EU banks today in order to provide liquidity to banks…known as LTRO 2. $498B in loans (LTRO 1) was made on December 21, 2011.
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.
Emerging Markets ETF versus BRIC Countries
Below are a series of 2-Year Daily charts. I'll be comparing the current levels of the Emerging Markets ETF (EEM) with those of the BRIC countries for the purpose of determining relative strength of each.
The first chart is of the EEM. Price is currently in a trading range just below major resistance established in the first half of 2011 and just above major support established in the second half. There are negative divergences on the RSI, MACD, and ROC indicators, as well as declining volumes. Price is still subject to the influences of the existing bearish 50/200 sma Death Cross formation, and will be until such time as price breaks and holds convincingly above major resistance, and the moving averages cross to form a bullish Golden Cross pattern.
Comment Systems Upgrade!
The comments system is having an uber-upgrade this evening. I'll be filling you with with details on all the new features over the course of the next couple of days.
Japan’s Trade Balance at 12-Year Low
On This Day, February 20th…
On this day…
From the United Nations:
- The General Assembly proclaimed 20 February as World Day of Social Justice in 2007, inviting Member States to devote the day to promoting national activities in accordance with the objectives and goals of the World Summit for Social Development and the twenty-fourth session of the General Assembly. Observance of World Day of Social Justice should support efforts of the international community in poverty eradication, the promotion of full employment and decent work, gender equity and access to social well-being and justice for all.
- Declaration on Social Justice for a Fair Globalization
…"justice for all."
