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 November 3, 2015. Click here to read the entire piece.) Cliffs Natural Resources (CLF) reported earnings last week on the morning of October 29, 2015. {snip} Source: FreeStockCharts.com From my perspective, the always colorful commentary from Chairman, President, and CEO Lourenco … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on September 8, 2015. Click here to read the entire piece.) This piece was inspired by a model of the stock market created by Daniel Moore in Seeking Alpha titled “Dow Sends Rare Signal At The August 2015 Month-End Close.” Moore’s model … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on October 26, 2015. Click here to read the entire piece.) Almost two weeks ago, markets appeared ready to price in a first Fed rate cut way out into June, 2016 (essentially neverland). The U.S. dollar index (UUP) sat at one of … Read more
“Earlier this month, it is reported in the local Macau media that the Director delays to Macau and mainland China that the central government is going to help support Macau’s economy. And these comments followed similar statements from Macau’s Chief Executive last month. I think no real specifics were given. So my question to you … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on October 14, 2015. Click here to read the entire piece.) {snip} This quote is the entirety of a terse and pointed press release that commodity giant Glencore (GLCNF) (GLNCY) delivered to calm market fears about the company’s business. This release came … Read more
“…I expect that inflation will return to 2 percent over the next few years as the temporary factors that are currently weighing on inflation wane, provided that economic growth continues to be strong enough to complete the return to maximum employment and long-run inflation expectations remain well anchored. Most FOMC participants, including myself, currently anticipate … 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 August 19, 2015. Click here to read the entire piece.) I have spent a lot of time over the past four years touting the attractiveness of stocks in homebuilders. The ride has offered a lot of bumps along the way but … 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
(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