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 September 11, 2012. Click here to read the entire piece.) Federal Reserve Chairman Ben Bernanke has made the case for further monetary easing simple and straightforward. Unless some miracle happens in the economy to send growth hurtling upward (presidential campaign promises, … 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 highly 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 … 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 highly 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 … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 23, 2012. Click here to read the entire piece.) The minutes from the last Federal Reserve meeting seem to suggest that members are starting to coalesce around Janet Yellen’s analysis that monetary policy should be more accomodative (see “Yellen’s Case … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. 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 posted on twitter using the #120trade hashtag) T2108 Status: 67.2% VIX Status: 15.2 … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on July 26, 2012. Click here to read the entire piece.) I did not think it would happen, but the dollar index finally closed above its “QE2 reference price.” {snip} I have contended that if the dollar index reached current levels, the … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on June 29, 2012. Click here to read the entire piece.) On June 27, 2012, Nightly Business Report interviewed Dennis Lockhart, President of the Atlanta Federal Reserve about the U.S. economy. During the interview, Lockhart indicated that the economic anecdotes he hears … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on June 19, 2012. Click here to read the entire piece.) In “British Pound Surges Into Resistance – Buy Dips As Government and Bank of England Try To Ease Credit Crunch” on June 15th I argued that it is time to buy … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on June 15, 2012. Click here to read the entire piece.) {snip}…I decided to summarize the last two speeches from U.S. Federal Reserve Vice Chair Janet L. Yellen given her strong advocacy for pro-active intervention on behalf of the U.S. economy…{snip}… I … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on April 30, 2012. Click here to read the entire piece.) As recession descends across Europe, fiscal policies have received extra scrutiny. Austerity measures have been promoted as keys for long-term economic stability but the necessary short-term pains have been understated. Without … Read more