There is an ETF with the symbol BWET which, as of a year ago, was just about the most boring chart imaginable.
Oh, Ship!
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.
More-On
I am having a non-wretched day, in spite of the insane rally going on around us. I’m keeping things relatively light (commitment level=120%) and continue to have one and only one large short position: EFA. I have added somewhat to this position based on today’s strength, and my stop remains just above that price gap (that is, a stop-loss order at 106.60):
Utilities Descending
Semi Gaps
The semiconductor has been having a very strong week, unfortunately. I suggest keeping a close eye on the price gaps I’ve noted below in these two important semiconductor sector funds.
Post-Fed Funds
Let’s look at eight important exchange traded funds now that the FOMC is behind us.
First up is our loyal friend and companion the Dow diamonds. This has been my anchor short positions, and today was the biggest red bar we’ve seen in many, many weeks. We are also at the cusp of a major support failure, as indicated by the dashed horizontal.
