ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Stock Market Analysis Summary Late-week buying pressure restored optimism, keeping markets positioned to end the year positively despite unresolved technical risks. Major indices defended key moving averages, while small caps and consumer stocks showed improving relative strength. Market breadth remains uneven, but longer-term indicators continue to support the potential to end the year positively. Leadership … Read more
Stock Market Analysis Summary Major U.S. equity indices extended gains after a strong end to November, supported by expectations of a December Fed rate cut. Market breadth indicators (AT50, AT200) improved but failed at primary downtrend resistance, signaling lingering internal weakness. Small caps (IWM) outperformed with a breakout to all-time highs, while several major tech … Read more
Stock Market Analysis Summary Stock market indices, including the S&P 500, NASDAQ, and Russell 2000, staged sharp recoveries, breaking key resistance levels as holiday spirits fueled by revived rate cut hopes apparently helped to heal a cracked stock market. Market breadth expanded sharply, with the percentage of stocks trading above their 50-day moving averages (AT50) … Read more
Stock Market Commentary Media coverage of bubble talk in AI has become increasingly urgent and loud in recent months. Legendary short seller Michael Burry seemed to ring the clarion call when news dropped on Tuesday (November 4) about a massive bearish bet against NVIDIA (NVDA) and Palantir (PLTR). NVDA fell 4.0% that day. The downward … Read more
Stock Market Commentary The protracted shutdown of the U.S. Federal government has dragged past three weeks and Federal workers have now missed their first paychecks of this battle. The stock market rallied to an all-time high when the shutdown started, and it certainly seems to care even less after recovering from a 1-day mini panic … Read more