There’s an argument to be made, even by me, of a hearty bounce in equities, based on nothing more than this one chart:
Interest-Driven Bounce
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.
Rate Reversal
Interest rates have been raging higher for months, and last week, looking at TBT, I figured it was time for an easing. So far, this has worked out, since the rates (as expressed by the ultra-short ETF based on TLT, shown below) had come up so far, and so fast. With rates calming down, the NASDAQ has embraced this and, as of this moment, is up about 250 points in a kind of relief rally.
Champs
There are no stocks that are bargains these days. I can offer, however, five charts that look like good, solid, long-term bullish plays. I’m talking about “buy it and forget it the next twenty years” kinds of patterns.
