ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
(This is an excerpt from an article I originally published on Seeking Alpha on November 2, 2016. Click here to read the entire piece.) In early August, I wrote “Awaiting The Next Sell Signal As The S&P 500 Enters The Season’s ‘Danger Zone’” as a way of analyzing the prospects for a significant sell-off by … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on April 11, 2016. Click here to read the entire piece.) The Japanese yen (FXY) rang in the new year with loud alarm bells. At the time, I wrote about the implications for the surge of strength in “The Japanese Yen Flashes … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on January 19, 2016. Click here to read the entire piece.) For a brief moment on January 15, 2016, the S&P 500 (SPY) looked ready to extend the sell-off that ended with the August Angst of 2015. At 1858, the index was … Read more
As almost every trader and investor knows, the new year of 2016 started off very poorly with a 6.0% drop for the S&P 500 (SPY). Nightly Business Report noted this is the worst start to a year…ever. Source for prices: FreeStockCharts.com We make a big deal out of the start of a new year because … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are … Read more
We hear the relationship claimed so casually and so frequently, we probably no longer give it a second thought. For example, on December 30th, the S&P 500 (SPY) lost 0.7%. Searching for an explanation, CNBC ran the all-too familiar headline “Dow closes down triple digits as oil slide weighs.” Oil lost 3.3% on the day … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on September 8, 2015. Click here to read the entire piece.) This piece was inspired by a model of the stock market created by Daniel Moore in Seeking Alpha titled “Dow Sends Rare Signal At The August 2015 Month-End Close.” Moore’s model … Read more
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