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 After weeks of persistent selling, the stock market finally delivered bear market relief, with all major indices posting solid gains to end the week. Market breadth notably improved, signaling a shift in buying power that could indicate the start of a sustainable low. Note well that a sustainable low is NOT the … 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 new year of 2025 got off to a rocky start with the weight of the last Federal Reserve decision on monetary policy pushing fresh losses across the indices. I assumed this price action signaled the market’s readiness to cash in on the capital gains that it did not want to register … Read more
Stock Market Commentary The dust is settling ever so slightly on the stock market’s post-Fed plunge. The stock market shifted from euphoria to oversold on a day that woke up everyone to a potentially new market reality. I say “potentially” because all year the market has been hit with bearish catalysts and quickly bounced back … Read more
Stock Market Commentary Holiday trading last week was deceptively lazy. The indices did a lot of churning, yet the S&P 500 and the ETF of small caps each made all-time highs at some point. A good number of individual stocks developed and followed through on bullish setups. For example, all week long, new highs greatly … Read more