ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Stock Market Analysis Summary The market initially welcomed the Fed’s rate cut, but rising long-term yields recreated the same headwinds seen after the October rate cut. A tired AI trade emerged as Oracle, Broadcom, NVIDIA, and semiconductors sold off sharply, pressuring market breadth. Major indices showed signs of topping despite prior strength, especially the NASDAQ … Read more
Housing Market Intro and Summary This edition of “What Happened in the Housing Market” is truncated again because the shutdown of the Federal government. Yet, the shutdown did not prevent the stocks of home builders from outperforming the rest of the stock market for the month. Optimism over lower interest rates, improved affordability metrics, and … Read more
Stock Market Analysis Summary Market liquidity fears intensified across equities and crypto as market breadth continued to deteriorate. The major stock market indices confirmed bearish technical breakdowns. Major AI and tech stocks confirmed weakening momentum. The week ended with a relief rally after rate-cut expectations surged with Fed Governor Williams teasing a possible December easing. … Read more
Housing Market Intro and Summary This edition of “What Happened in the Housing Market” is truncated because the shutdown of the Federal government prevented the release of data from the U.S. Census Bureau. The Census Bureau is responsible for reports on housing starts and new home sales. The remaining data in this month’s post depicts … Read more
CEO Sam Altman launched OpenAI’s DevDay 2025 with a series of demos showing off the generative AI platform’s latest capabilities. I was particularly intrigued by demonstrations of features developed in partnership with several companies including Figma (FIG), Spotify (SPOT), Hubspot (HUBS), Coursera (COUR), and Zillow Group (ZG) (links go to the relevant section of the … Read more