ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
In my last market update, I neglected to pay homage to the extraordinary monthly performance of October, 2015. You have probably heard or read the headlines that last month delivered the biggest gain in four years. October was up 8.9% – one of the best and fastest bounces from oversold territory in a long time. … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on December 9, 2014. Click here to read the entire piece.) The DailyFx lists the the National Australia Bank’s (NAB) monthly indices for Business Confidence and Business Conditions as having a low impact on currency markets. As a result, I do not … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on March 2, 2014. Click here to read the entire piece.) “In many ways, February is the new January” so says Katie Nixon of Northern Trust. And this seems like a rational reaction to the continued failure of the January barometer to … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 2, 2014. Click here to read the entire piece.) “A reason pretty much always exists to be bearish on the market. It just seems that from August to October, market participants are most willing and ready to listen to and … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 26, 2014. Click here to read the entire piece.) As expected for this November, the S&P 500 (SPY) has continued a string of closes at fresh all-time highs. While the index is only about 2.8% above its all-time high preceding … Read more