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 October 29, 2013. Click here to read the entire piece.) {snip} And with that Governor Stevens went back on “attack” on the Australian dollar (FXA). This is the exact jawboning I had been expecting earlier to replace the RBA’s surprising omission … 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 October 28, 2013. Click here to read the entire piece.) Canadian monetary policy may have experienced an important change-up. With last week’s announcement on monetary policy, the Bank of Canada became a little more dovish. The sharp response in the Canadian … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on October 24, 2013. Click here to read the entire piece.) When I saw the Wednesday (October 23, 2013) headlines screaming that European Central Bank (ECB) President Mario Draghi indicated he had no hesitation about failing banks in upcoming, comprehensive stress tests, … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on October 21, 2013. Click here to read the entire piece.) Last month Coldwater Creek (CWTR) issued an earnings report that made it pretty clear the company is headed toward bankruptcy unless it finds an 11th hour savior. {snip} Source: FreeStockCharts.com The … Read more