ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
(This is an excerpt from an article I originally published on Seeking Alpha on December 3, 2014. Click here to read the entire piece.) Many are celebrating lower oil (USO) and gasoline prices (UGA) as a kind of tax cut for consumers. This tax cut will in turn boost consumer spending which itself leads to … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 26, 2014. Click here to read the entire piece.) As expected for this November, the S&P 500 (SPY) has continued a string of closes at fresh all-time highs. While the index is only about 2.8% above its all-time high preceding … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 24, 2014. Click here to read the entire piece.) Nine months ago I wrote a piece describing the investment/trading opportunity in cocoa with a focus on iPath DJ-UBS Cocoa TR Sub-Idx ETN (NIB); iPath Pure Beta Cocoa ETN (CHOC) has … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 23, 2014. Click here to read the entire piece.) {snip} Ironically, this situation was essentially manufactured by these same authorities, but sure enough the first attempts to rein in the runaway train have appeared. Almost right on schedule, Japanese Finance … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 17, 2014. Click here to read the entire piece.) The euro (FXE) versus the Swiss franc (FXF) currency pair has dropped steadily all year on its way to a rendezvous against the 1.20 floor: Since the end of the financial … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 13, 2014. Click here to read the entire piece.) On November 13th (in the morning in Australia), Christopher Kent, an Assistant Governor at the Reserve Bank of Australia (RBA), delivered a speech discussing business cycles in Australia. The big news … Read more
$HLF catching my interest again as it rides into 50DMA resistance on heels of insider buying news. Shorts and put/call ratio at major highs — Dr. Duru (@DrDuru) November 26, 2014 Here are the follow-up details on this tweet from Wednesday, November 26th, 2014. Herbalife (HLF) has experienced a strong rally from recent lows. The … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on September 7, 2014. Click here to read the entire piece.) I tracked down an article posted in Boston.com called “Renters Suffer as Evictions Surge in U.S.” after hearing the topic referenced in a recent Slate Money podcast. One of the guests … Read more