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 31, 2012. Click here to read the entire piece.) Last week’s U.S. GDP print (advance estimate, revisions to come) came in slightly stronger than expected with an annualized growth rate of 2.0%. Financial markets had relatively muted reactions. The S&P … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 2, 2012. Click here to read the entire piece.) This week featured two interesting speeches by Australian officials. On October 30, Philip Lowe, Deputy Governor for the Reserve Bank of Australia (RBA), gave a speech at the Commonwealth Bank Australasian … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on October 28, 2012. Click here to read the entire piece.) The British pound (FXB) was falling fast going into last week’s GDP number. The pound even broke through support at its 50-day moving average (DMA). It seemed like momentum was setting … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on October 10, 2012. Click here to read the entire piece.) Just a few days after writing that the U.S. dollar’s post-QE3 rally was giving way to meandering, the U.S. dollar (UUP) surged back to the top of the recent relief rally … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on October 2, 2012. Click here to read the entire piece.) I expected the Reserve Bank of Australia (RBA) to stand pat on rates in its latest statement on monetary policy. Instead, the RBA cut rates by 25 basis points to 3.25% … Read more