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 October 12, 2014. Click here to read the entire piece.) Suddenly, I am feeling a lot less bearish about the Canadian dollar (FXC). {snip} This means that half the job creation over the past year happened all in one month. What … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on September 1, 2014. Click here to read the entire piece.) Part of the thesis for my on-going bearishness on the Canadian dollar versus the U.S. dollar (FXC) has included the apparent dampening of exports by a (previously) stubbornly strong Canadian dollar. … 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 December 3, 2014. Click here to read the entire piece.) Many are celebrating lower oil (USO) and gasoline prices (UGA) as a kind of tax cut for consumers. This tax cut will in turn boost consumer spending which itself leads to … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on September 7, 2014. Click here to read the entire piece.) I tracked down an article posted in Boston.com called “Renters Suffer as Evictions Surge in U.S.” after hearing the topic referenced in a recent Slate Money podcast. One of the guests … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 3, 2014. Click here to read the entire piece.) Demographic shifts can be key drivers of housing trends. To date I have spent more time examining the impact of aging Baby Boomers on the housing market than aging millennials, defined … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 6, 2014. Click here to read the entire piece.) The pressure is building on the Australian dollar (FXA). If it were not for the fresh collapse in the Japanese yen (FXY), the proverbial risk trade would be looking very shaky. … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 5, 2014. Click here to read the entire piece.) Suddenly, the Swiss franc (FXF) is nearing the 1.20 floor against the euro again. Almost three months ago, I thought the Swiss franc was hurtling toward a retest of the longstanding … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 4, 2014. Click here to read the entire piece.) Tuesday morning in Australia was a busy time for economic news. First, the Australian Bureau of Statistics reported that the release of the Apple (AAPL) iPhone 6 helped drive electrical and … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on May 12, 2014. Click here to read the entire piece.) Ever since the Federal Reserve decision on monetary policy on March 19th, the Canadian dollar (FXC) has staged a strong recovery, increasing about 3.4% over that time. Canada’s weak employment report … Read more