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 The tariff rumors proved true after all. The green shoots of Monday that grew alongside the rumor of a pause presaged Wednesday’s massive relief from a real blink on tariffs. Those historic gains were large enough to generate a strong week broadly across the stock market. Still, as more blinking and backing … Read more
Stock Market Commentary The trading week started with a powerful jolt to the market. The major catalyst was a rumor that President Trump was considering a 90-day delay on tariffs, triggering a nearly 30-minute, $2.5 trillion rally. While ultimately unfounded, the rumor represented the kind of response markets expect: when financial markets panic, policy-makers panic. … Read more
Stock Market Commentary The stock market suffered experienced a jarring selloff during the announcement of reciprocal tariffs from President Trump, a move that, despite ample telegraphing, shocked both investors and global trade partners. The Futures dropped sharply, with even oil down 2.4% and the S&P 500 plunging as much as 3% after-hours. This tariff crash … Read more
Stock Market Commentary And so a bear market ends, for the S&P 500 at least. The stock market enjoyed a strong follow-through day supported by previous oversold conditions. To represent the most recent technical developments, I created a well-defined area for the bear market called the “area of agitation”. The S&P 500’s breakout above this … Read more
Stock Market Commentary The market delivered a contradictory signal to end the week. For example, while swingtradebot flashed very bullish technical indicators, market breadth declined the last two days of the week. This divergence is symbolic of the swirling tensions in the air. After, the three-week sell-off into a bear market took advantage of rising … Read more