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 30, 2016. Click here to read the entire piece.) Apple (AAPL) reported Q1 2016 earnings that disappointed the market. The negative reaction was consistent with the Apple earnings trading model. This time around, I took particular interest in Apple’s accounting … Read more
In late February, I wrote “Forget The Yuan – The Devaluation Of The British Pound Is Breathtaking.” At the time, I suggested that Google Trends on the search term “Brexit” indicated that the breathtaking losses in the British pound should soon abate (against the U.S. dollar). Sure enough, the pound printed a bottom within a … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on May 31, 2016. Click here to read the entire piece.) At the beginning of this month, I claimed an unwind of confidently long positions was imminent for the Australian dollar. {snip} Source: Oanda’s CFTC’s Commitments of Traders {snip} Source: FreeStockCharts.com At … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on May 8, 2016. Click here to read the entire piece.) Speculators are now net long gold at levels that surpass the financial crisis of 2008/2009 and the major 2011 peak in gold prices. Source: Oanda’s CFTC’s Commitments of Traders Given this … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on June 1, 2016. Click here to read the entire piece.) After London’s former mayor Boris Johnson first announced his support for Great Britain’s exit from the European Union (EU), aka “Brexit,” the British pound (FXB) sold off for the rest of … Read more