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 August 28, 2016. Click here to read the entire piece.) Going into the Jackson Hole Economic Policy Symposium, various “Fed heads” were interviewed about the prospects for the next rate hike. The chorus in the days and weeks before Jackson Hole … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 8, 2016. Click here to read the entire piece.) Almost a year ago, I wrote about an interesting signal that tends to accompany a significant top in the S&P 500 (SPY) – “significant” meaning preceding a sell-off of 10% or … Read more
The last Housing Market Review covered data reported in August for July, 2016. New home sales soaring to a fresh post-recession high made the big headline even as sentiment among home builders remained essentially flatline for the year. This time around, new home sales cooled off month-over-month as builder sentiment finally showed life with a … 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
(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