ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
(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 February 1, 2016. Click here to read the entire piece.) On Wednesday, January 27th, the U.S. Federal Reserve stared down volatile conditions in financial markets and decided to avoid addressing them directly. {snip} When the Bank of Japan (BoJ) came up … Read more
In its February decision on interest rates, the Reserve Bank of Australia (RBA) issued a surprisingly upbeat and rosy assessment of economic conditions in Australia. Outside of mining, I daresay economic conditions look particularly promising: “In Australia, the available information suggests that the expansion in the non-mining parts of the economy strengthened during 2015 even … 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 January 15, 2016. Click here to read the entire piece.) The recent movements in crude oil prices are very substantial in historical context. Headline inflation will return to target once oil prices stabilize, but recent further declines in global oil prices … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on December 17, 2015. Click here to read the entire piece.) The Federal Reserve could not have asked for a better response to its first rate hike in 9 years and first move off zero interest rates in 7 years. The Fed … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on September 14, 2015. Click here to read the entire piece.) As expected, the Bank of Canada left rates unchanged in its latest decision on monetary policy (September 9, 2015). Also as expected, the Bank did not interpret recent GDP data as … 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
(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
A year ago, the Bank of Canada (BOC) delivered the first of two rate cut surprises for the year. So with oil still cratering ever lower, I can understand why the market seemed braced for yet another rate cut last week. Instead, the BOC not only stood still on rates, but also it expressed an … Read more