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 China and the U.S. have an unstable relationship. Each country needs the other and yet they cannot co-exist peacefully in the global economic or political sphere, especially when nativist flames and security alarms are burning brightly. That lingering instability came to prominence one more time after trade negotiations broke down (yet again) … Read more
The bearish to bullish reversal ended for home builder stocks with a return to bear market territory. Today, October 9, 2025, the iShares U.S. Home Construction ETF (ITB) dropped under the threshold that defines a bear market: 20% below the all-time high (see chart below). The 2.6% slide on the day is part of a … Read more
Exactly one month ago, I explained I would stick with Advanced Micro Devices (AMD) despite disappointing weakness in shares. I looked through the short-term bearish signal of a technical breakdown (below the 50-day moving average (DMA)) and pinned my expectations on AMD continuing to catchup with a red hot, AI-driven semiconductor industry. When AMD soared … Read more
Stock Market Commentary We now have a stock market melt-up alongside a government melt-down…and financial markets could not care less. In fact, the stock market can hardly get more bullish with the long-term, mid-term, and short-term uptrends each flashing green and pointing upward. Still, I cannot help checking my peripheral vision for signs of caution. … Read more
Housing Market Intro and Summary What happened in the housing market for September, 2025? A rate cut fail unfolded as a resumption of rate cuts by the Federal Reserve failed to revive the stocks of homebuilders. This market reaction suggests that housing market data will remain soft for some time to come. Here is a … Read more