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 highly 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 … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on July 17, 2013. Click here to read the entire piece.) The Reserve Bank of Australia (RBA) released the minutes from its monetary policy decision meeting earlier this month. It contains some great detail on the RBA’s assessment of global financial conditions. … 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 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 … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on July 3, 2013. Click here to read the entire piece.) In the past week, we have seen two different views on the Australian dollar (FXA) from official government sources. Last week, the Australian Government Bureau of Resources and Energy Economics (BREE) … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on July 8, 2013. Click here to read the entire piece.) Last week was a great week of economic news for the United Kingdom. The apparent economic improvement seems to be unfolding just as Mervyn King seemed to suggest in his final … 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 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 … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on June 6, 2013. Click here to read the entire piece.) On Monday night (June 4th, Tuesday morning in Australia), the Reserve Bank of Australia (RBA) decided to leave its cash rate steady at 2.75%. The statement contained no new news and … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on June 2, 2013. Click here to read the entire piece.) {snip} …Iron prices have plunged almost as severely as they did last August as steel rebar prices have fallen. From Reuters on May 31st: {snip} These price declines would seem to … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on May 21, 2013. Click here to read the entire piece.) {snip} In Monday’s minutes (Tuesday Australia time) of the May 7th policy meeting, the RBA provided no direct smoking gun to explain what I called at the time a mystifying rate … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on May 15, 2013. Click here to read the entire piece.) Friday’s employment report from Statistics Canada demonstrated once again how the public sector is leading the way in job growth in Canada: {snip} So, jobs in the private sector are stagnant, … Read more