ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Whenever the market sells off, it is good to track whether the selling marks any change in character in the health of the market. Back in June, the change in character was marked by the deepest oversold conditions since March. Those conditions deepened into July and helped provide the fuel for the next strong leg … Read more
Twitter Data: An Investor’s Perspective « The Metric System Using some statistical trickery, the Twitter API, and my RJMetrics dashboard, I uncovered a ton of astonishing new information about Twitter. Here are some highlights: (tags: Twitter data_analysis) Five Steps to Consistent Profits The goal of my Super Trader program is to help people develop a … Read more
Cash for Clunkers costs taxpayers $24,000 per car A total of 690,000 new vehicles were sold under the Cash for Clunkers program last summer, but only 125,000 of those were vehicles that would not have been sold anyway (tags: automotive govt_spending) Robert Reich: Why the Dow is Hitting 10,000 While Everyone Else is Cutting Back … Read more
Creative Accounting Resurfaces in Tight Times Corporate balance sheets may be showing signs of the wear and tear from the prolonged U.S. recession as accounting irregularities are starting to surface at growing numbers at U.S. companies. (tags: earnings fraud) Q&A: Economist Woodford on Fed and Rate Expectations Interview with Michael Woodford, the John Bates Clark … Read more
In “Market Cheers Over Ugly GDP Report“, Mike “Mish” Shedlock breaks down the components of the Q3 GDP numbers and laments that “I am struggling to understand what is surprising other than how bad this all looks once you break down the numbers.” The surprise was that the annualized GDP of 3.5% was a smidge … Read more