ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Earlier this month I launched PAIROS, the Panic AI Research On Software, to provide a structured approaching for assessing the (contrarian) investment thesis in software companies heavily impacted by the SaaSpocalypse. I ran a real-time test of PAIROS on Anthropic’s Mythos and developed a rationale for buying into Palo Alto Networks (PANW). So far, so … Read more
The Market Breadth Summary Stock Market Commentary A week ago, I made the case that a bottom was finally forming after five weeks of selling. The ceasefire announcement that was supposed to reopen the Strait of Hormuz let buyers run free and confirm that bottom. Wednesday’s resulting gap up created post-oversold trading conditions that tell … Read more
The Market Breadth Summary Stock Market Commentary After five straight down weeks, the stock market finally enjoyed an up week. The move looked strong enough to flash key signs of a bottom in the making. The last day of trading for the holiday shortened week was particularly telling. The stock market gapped lower at the … Read more
The Market Breadth Summary Stock Market Commentary Uncertainty is the theme for this market, extreme uncertainty in geopolitics, economic conditions, monetary policy, and domestic politics. The accumulated uncertainty has made the market war weary and exhausted buyers. This exhaustion dampens the potential for oversold conditions to deliver a meaningful bounce in the stock market. For … Read more
The stock market in this war-driven sell-off has offered no place to hide except for a few pockets of speculative activity, and Hertz Global Holdings (HTZ) and Avis Budget Group (CAR) have suddenly become meme stocks attracting heavy trading interest. Money is flocking into these stocks, driven by a narrative that travel disruptions are creating … Read more