ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Earlier this month I launched PAIROS, the Panic AI Research On Software, to provide a structured approaching for assessing the (contrarian) investment thesis in software companies heavily impacted by the SaaSpocalypse. I ran a real-time test of PAIROS on Anthropic’s Mythos and developed a rationale for buying into Palo Alto Networks (PANW). So far, so … Read more
A cost reckoning for AI is finally happening. A recent convergence of references and stories about the high cost of running AI systems at enterprise scale caught my attention over the last week. Together, they provide increasing evidence that the adoption of AI may hit a speedbump some time this year. Agentic AI has become … Read more
The Market Breadth Summary Stock Market Commentary There are no dips allowed in this stock market. A week ago, I labelled the trading environment as “buy-the-dips” because of the psychology of post-oversold trading. Those dips turned out to be hard to find. Only day traders could notice any weakness in the price action. The stock … Read more
Anthropic’s Project Glasswing sent shudders through the world of cybersecurity as the launch of Mythos exposed catastrophic security flaws throughout the software ecosystem. The threat is so dire that the U.S. Treasury Secretary and the Federal Reserve Chair hastily convened banking leaders to make sure they are ready to secure the nation’s finances against these … Read more
The Market Breadth Summary Stock Market Commentary A week ago, I made the case that a bottom was finally forming after five weeks of selling. The ceasefire announcement that was supposed to reopen the Strait of Hormuz let buyers run free and confirm that bottom. Wednesday’s resulting gap up created post-oversold trading conditions that tell … Read more