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 Finally the bears break in on all the fun the bulls have had for months. The stock market got overwhelmed with a flood of bad news that was just too difficult to ignore or look through (for now). The July jobs report was not just weak but also it included a massive … Read more
Stock Market Commentary The week closed with strong speculative energy, particularly in crypto, with the signing of a package of crypto legislation including a stablecoin bill. Surprisingly, the speculative frenzy did not translate into the overall stock market beyond a few select stocks like OpenDoor (OPEN). In fact, the major indices mainly had a steady … Read more
Stock Market Commentary The stock market’s fearless streak met fresh geopolitical headwinds that significantly raised the risk quotient. Tensions surged as Israel bombarded Iran’s nuclear infrastructure and Iran retaliated, spiking oil prices and triggering a market sell-off that, while sharp, could have and should have been a lot worse. This fresh market risk is a … Read more
Stock Market Commentary We made it through another week without any major negative headlines impacting the stock market. Although late-breaking news took futures down due to Moody’s dropping the U.S. from its top credit rating, marking the loss of the last top-tier assessment of U.S. government debt, I expect the market impact to be minimal. … Read more
Stock Market Commentary The stock market experienced a hiccup in an otherwise strong post-oversold bounce. The Q1 GDP report revealed a small contraction that surprisingly caught the market off guard. However, this contraction was driven primarily by a surge in imports as businesses rushed to get ahead of anticipated tariffs. I assume a lot of … Read more