ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
(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 highly gap down 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 … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on July 29, 2013. Click here to read the entire piece.) {snip} When King uttered these words in his final Inflation Report as Governor of the Bank of England (BoE), there was no sudden surge in interest rates or sell-offs in financial … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on July 11, 2013. Click here to read the entire piece.) Ordinarily, I would have called Wednesday’s (July 10, 2013) close on the S&P 500 (SPY) a stalemate that potentially signals a reversal in fortunes for the index. The flat close occurred … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on June 20, 2013. Click here to read the entire piece.) {snip} The Federal Reserve announcement sounded a bit like something former governor Mervyn King might say about the prospects for the Bank of England’s bond purchase program: {snip} I imagine believers … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on September 12, 2013. Click here to read the entire piece.) Financial markets must have had extremely optimistic expectations for Australia’s August employment numbers. Right after the release of the employment statistics on September 12th (Australian time), the Australian dollar (FXA) pulled … Read more