ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
The Market Breadth Summary Stock Market Commentary Market fears expanded last week as converging headwinds took their toll on a market that insists on buying every dip. The best example of buying persistence came with the market’s first regular trading session after the U.S. and Israel attacked Iran. The S&P 500 gapped down at Monday’s … Read more
Stock Market Commentary The market ended the week on a quiet cliffhanger as major indices hovered under critical resistance levels. A defining theme was the muted reaction to major headlines, particularly around trade and stagflation risks. Despite the looming shadow of stagflation – a term not explicitly mentioned but clearly implied in last week’s Fed … Read more
Stock Market Commentary Russia’s invasion of Ukraine has created massive human misery and a historic press of global economic sanctions. With war comes scarcity and the allocation of resources to destroying the resources of others. Financial markets are scrambling to adjust to the new global wartime economy. These charts are just a snapshot of some … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on December 2, 2012. Click here to read the entire piece.) The rally from oversold conditions in the S&P 500 (SPY) from the November lows has now nearly recovered post-election losses. On the way up, we got to see whether Black Friday … Read more