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 August 27, 2015. Click here to read the entire piece.) Toll Brothers (TOL) had the misfortune of reporting its third quarter 2015 earnings in the middle of a severe market sell-off. {snip} Source: FreeStockCharts.com The selling in TOL plunged the stock … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 29, 2015. Click here to read the entire piece.) The iShares Transportation Average (IYT) began to diverge notably from the S&P 500 (SPY) in March of this year. It took another five months for this divergence to resolve into a … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 24, 2015. Click here to read the entire piece.) “But lest there be any uncertainty about this, let me be clear, again, that the exchange rate remains high by historical standards…we think that investors are underestimating the likelihood of a … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 9, 2015. Click here to read the entire piece.) On November 3, 2015, Thomas Jordan, the Chair of the Swiss National Bank (SNB) spoke in front of the Investment Strategists Association of Geneva on the topic “The SNB’s monetary policy … 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