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 January 13, 2014. Click here to read the entire piece.) I started this year with a bullish bias on the Australian dollar (FXA) with a short-term target set at the 50-day moving average (DMA) (see Australian Dollar Starts The Year With … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on January 12, 2014. Click here to read the entire piece.) It looks like the Bank of Canada was indeed setting the groundwork for easing monetary policy when it sounded fresh alarms about the Canadian economy last year. The extremely weak employment … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on January 17, 2014. Click here to read the entire piece.) The United Kingdom’s Office of National Statistics (ONS) reported retail sales today that suggest consumers went on a literal shopping spree in December, 2013. {snip} The ONS reported the most notable … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on January 8, 2014. Click here to read the entire piece.) Weakness continues for the euro (FXE) as 2014 seems to be confirming expectations I have outlined in previous posts. On January 7th, Eurostat reported eurozone inflation dropped to 0.8% in December … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on December 30, 2013. Click here to read the entire piece.) On Friday, the U.S. 10-year Treasury bond yield hit 3.0%, matching a high for the year. Rate are rising again across the yield curve. Source: St. Louis Federal Reserve This steady … Read more