ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
A little over three months ago, I complained that AT&T (T) had greatly increased the cost of cutting the cord. At the time, AT&T delivered a notice to customers informing them of caps on internet usage. Customers exceeding caps for their respective plans would pay an overage fee: “Beginning on May 23, 2016, we will … Read more
A little over a year ago, I recommended a pairs trade going long United States Gasoline (UGA) versus going short the United States Oil (USO). I never did take up that trade, instead choosing to focus on my (still on-going) hedged trade on USO. Looking back, I wish I had gone ahead and setup the … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 3, 2016. Click here to read the entire piece.) The Reserve Bank of Australia (RBA) kicked off central bank action for August with a rate cut to a fresh record low of 1.50%. Financial markets were anticipating a cut with … 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