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.

US Dollar – Infinity and Beyond?

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At the end of the two previous QE periods there have been three strong trends that have emerged each time. The first two are a significant pullback in equities and a strong rally on bonds. We may be approaching a significant high on equities soon, and I have a setup for a major further rally in bonds, though that may well only trigger if we see that strong pullback on equities.

The third is a strong rally on USD, and it’s that I would like to talk about today. USD has advanced strongly since hitting 78.93 in May, and I want to show where that is likely to lead over the next few months, and where it might then go over the next few years. (more…)

StealthFlation Defined………………by BDI

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Dollars funnel.

StealthFlation:

An intractable economic condition that inevitably arises as unlimited units of currency compulsively pursue nonproductive wealth assets in a grossly over-leveraged economy which has been artificially reflated in a desperate and misguided attempt by monetary authorities to synthetically engineer growth via extreme monetization.   Preventing the real economy on the ground from seeking the healthy normalization and natural balance of free market forces necessary for genuine productive economic growth. (more…)

Buy Signals Triggered

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The long setup I was looking at on Friday morning triggered on Friday so the daily lower band ride should be over and I’m looking at upside targets. The main target I’m watching is not an SPX level but the 70 level on the daily RSI 5. The RSI 5 closed on Friday at 47, and I’d expect to see a rally of at absolute minimum to the 50 DMA to make this target. Of the last seventeen of these from the start of 2007, only three retested the lows before making my RSI 5 target at 70, and two failed in the 60 area before going on to new lows. This is a strong buy signal. SPX daily vs RSI 5 & NYMO:

140811 SPX Daily vs NYMO and RSI 5

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