ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
The Market Breadth Summary Small cap stocks led a market breadth breakout, then faded just short of overbought, leaving me encouraged by momentum but wary of a near-term pullback. The S&P 500 ground to fresh highs, while the NASDAQ lagged by stalling at prior peaks. A clean breakout still awaits for the NASDAQ. CES-driven leadership … Read more
Stock Market Analysis Summary I summarize what I want to buy in 2026 using core narratives, market breadth and technical analysis. Key themes include commodities, rare earths, biotech, AI exposure, IPOs, beaten-down software stocks, and homebuilders. Market breadth remains cautious in the short term but supportive for longer-term positioning. Major stock indices are testing or … Read more
Housing Market Intro and Summary This edition of “What Happened in the Housing Market” is once again without data on housing starts and new home sales because of the previous shutdown of the Federal government. Yet, plenty of data dropped to confirm the on-going sluggishness of the housing market. Poor responses to key earnings report … Read more
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