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 May 19, 2013. Click here to read the entire piece.) {snip} Traders have gotten quite bullish on the U.S. dollar. Reuters reported that bullish bets on the U.S. dollar have reached an 11-month high: {snip} This critical juncture for the dollar … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 30, 2013. Click here to read the entire piece.) {snip} Before Mark Carney took over as governor of the Bank of England (BoE), the main question buzzing in financial media seemed to focus on figuring out just how dovish Carney … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 28, 2013. Click here to read the entire piece.) The S&P 500 (SPY) lost 1.6% on Tuesday (August 27th) as follow-through selling from the previous day overtook the index. Rising tensions between the U.S. and Syria are providing the catalyst … 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 gap down 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 … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 20, 2013. Click here to read the entire piece.) It was fun while it lasted. The anticipated relief rally in the Australian dollar (FXA) seems to have ended in parallel with the release of the meeting minutes from the last … Read more