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 November 23, 2014. Click here to read the entire piece.) {snip} Ironically, this situation was essentially manufactured by these same authorities, but sure enough the first attempts to rein in the runaway train have appeared. Almost right on schedule, Japanese Finance … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 17, 2014. Click here to read the entire piece.) The euro (FXE) versus the Swiss franc (FXF) currency pair has dropped steadily all year on its way to a rendezvous against the 1.20 floor: Since the end of the financial … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 13, 2014. Click here to read the entire piece.) On November 13th (in the morning in Australia), Christopher Kent, an Assistant Governor at the Reserve Bank of Australia (RBA), delivered a speech discussing business cycles in Australia. The big news … 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 November 24, 2014. Click here to read the entire piece.) One thing about a trading range is that it gives both bulls and bears a lot of trading opportunities. The latest disturbance of equilibrium in the Australian dollar (FXA) was the … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 6, 2014. Click here to read the entire piece.) The pressure is building on the Australian dollar (FXA). If it were not for the fresh collapse in the Japanese yen (FXY), the proverbial risk trade would be looking very shaky. … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 5, 2014. Click here to read the entire piece.) Suddenly, the Swiss franc (FXF) is nearing the 1.20 floor against the euro again. Almost three months ago, I thought the Swiss franc was hurtling toward a retest of the longstanding … 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 October 30, 2014. Click here to read the entire piece.) Two weeks ago, the market was in the final days of an relatively swift corrective phase. At that time I claimed that the Australian dollar (FXA) stood between “here and a … 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