ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
The Battered Investment Class Has No Confidence in Markets, Companies, Banks, Governments – Forbes Over the past ten years investors have been battered by the dotcom bubble(off over 50%), 9/11 (off over 25%), the credit crisis bubble(off 50%), the crash of commodities(down 25%) and now the government debt downgrade together with a dire European sovereign … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag.) T2108 Status: 13% (Day #7 of the current oversold period). VIX Status: 36 General (Short-term) Trading Call: Only add … Read more
(This is an excerpt from an article I originally published on Seeking Alpha. Click here to read the entire piece.) Trades continue to trigger in the on-going sell-off in commodities. In my last listing of commodity stocks that have erased all their post-QE2 gains, I did not include stocks in agriculture, oil, or natural gas. … Read more
(This is an excerpt from an article I originally published on Seeking Alpha. Click here to read the entire piece.) Apparently, the Federal Reserve cannot print money quite fast enough. On Monday, August 8, the S&P 500 priced in terms of gold finally broke the March, 2009 lows. Source: stockcharts.com (Note that the ratio of … Read more
Silicon Valley’s Undertaker: ‘We’re Anticipating a Major Fallout’ We’re starting to close down social networks, startups in video distribution, clean tech companies. We’re also closing down a retail site. (tags: bankruptcy start_up high_tech)