ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Stock Market Commentary We closed out March and Q1 with a wild day of trading. As captured in a headline from Yahoo Finance, “Wall Street closes out worst quarter since 2022,” sentiment was deeply negative. Headlines about tariffs, economic troubles, and Coinbase’s (COIN) worst quarter since the FTX collapse added to the sense of dread. … Read more
Stock Market Commentary The S&P 500 delivered only a brief respite from the bear market when it broke out above its 200-day moving average (DMA) to start the week. Two days later, the bear market reasserted itself. Another two days later, the sellers punched an exclamation mark on the bear market as a “hot” inflation … Read more
Stock Market Commentary There is no support in a bear market. The market is extremely volatile, and conditions are changing daily. The market is showing clear signs of weakness, with all major trends pointing downward. The mixed messages from yesterday (Thursday) are converging more clearly on the messages of a bear market. The long-term, mid-term, … Read more
Stock Market Commentary The stock market presented mixed messages amidst ongoing volatility. While a “softer than expected” CPI report presumably triggered an initial fragile rebound, I see persistent underlying weakness. Apple Inc. (AAPL) represents this fragility with a continued bearish breakdown casting a shadow over the broader market. Apple Inc. (AAPL) declined 1.8% and confirmed … Read more
Stock Market Commentary A DeepSeek dive stole the headlines from the Federal Reserve. At the same time, tariff headlines refused to go away. Assuming you have already gotten your fill of DeepSeek headlines, I will just summarize the drama by saying a Chinese start-up has apparently completely up-ended the economics of the AI universe. DeepSeek’s … Read more