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 December 12, 2013. Click here to read the entire piece.) As expected, in its December monetary policy assessment, the Swiss National Bank (SNB) left its target range for the three-month Libor unchanged at 0.0 to 0.25% and reaffirmed its commitment to … 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, 2013. Click here to read the entire piece.) {snip} Source: FreeStockCharts.com The Bank of Canada was consistent with the change of tone from late October’s downgrade of the Canadian economy. In particular, inflation retreated further away from target: {snip} … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 26, 2013. Click here to read the entire piece.) Third quarter GDP for the United Kingdom grew 1.5% year-over-year and 0.8% quarter-over-quarter. These numbers met economist “expectations,” yet the British pound soared in response anyway. This rally is important as … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 21, 2013. Click here to read the entire piece.) As I noted earlier this week, I was eagerly anticipating the release of the minutes from the last policy meeting of the Reserve Bank of Australia (RBA) and a speech by … Read more