ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Dear Readers, I am writing to alert you to a change in my publishing model that may have a slight impact on the way you consume content at “One-Twenty Two.” If you do not want to read my nostalgia and a brief history of this blog, you can skip down to the section at the … Read more
What has changed in the two months it took for silver to stampede its way up $15 (a 43% gain) and back? Did the Federal Reserve raise rates? Did the Federal Reserve threaten the market with rate hikes? Did the housing market rebound sharply, generating an expectation for higher rates? Did inflation expectations adjust sharply? … Read more
CNBC Realty Check Blog — Diana Olick: National Home Prices Double Dip Home prices have double dipped nationwide, now lower than their March 2009 trough, according to a new report from Clear Capital…Sales of bank-owned (REO) properties hit 34.5 percent of the market, according to the survey, resulting in a national price drop of 4.9 … Read more
I thought TBT’s (ProShares UltraShort 20+ Year Treasury) successful test of the 200-day moving average (DMA) back in March would mark the beginning of a fresh extended run higher. Instead, the declining 50DMA marked the true short-term trend, and, for the second time in a month, TBT failed to break that resistance. At the end … Read more
Euro Debt Crisis – Greek 'Soft Restructuring' to Precede 'Hard' One – CNBC A request for an extension to the repayment period on Greece’s bailout loan from the International Monetary Fund and the European Union could be a precursor to the full restructuring of the country’s debt, analysts say. (tags: Greece debt default restructuring govt_spending … Read more