ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
The Market Breadth Summary Stock Market Commentary Last week was action-packed. Earnings dominated my focus, and the resulting trading action confirmed why it was important to ignore the bearish signals from market breadth last week. The market is as bullish as ever this year at the index level, even though market breadth still stains the … Read more
Anthropic seems to have a policy of producing a steady onslaught of significant product releases. On April 28th, the AI platform and software company released a set of connectors for integrating Claude, Anthropic’s coding and agentic platform, with software tools for creatives. In “Claude for Creative Work” Anthropic explains how these connectors expand the possibilities … Read more
The Market Breadth Summary Stock Market Commentary Last week was bullish, and yet the bearish signal that bothered me early in the year returned. Market breadth flashed bearish even as the S&P 500 and the NASDAQ broke out to all-time highs. This bearish divergence is exactly the setup I did not want to see. The … Read more
Earlier this month I launched PAIROS, the Panic AI Research On Software, to provide a structured approaching for assessing the (contrarian) investment thesis in software companies heavily impacted by the SaaSpocalypse. I ran a real-time test of PAIROS on Anthropic’s Mythos and developed a rationale for buying into Palo Alto Networks (PANW). So far, so … Read more
A cost reckoning for AI is finally happening. A recent convergence of references and stories about the high cost of running AI systems at enterprise scale caught my attention over the last week. Together, they provide increasing evidence that the adoption of AI may hit a speedbump some time this year. Agentic AI has become … Read more