ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
The Extremes I look for opportunities when markets overreact to sentiment extremes. The recent drama over the logo change for Cracker Barrel Old Country Store, Inc (CBRL) provided a textbook case. A redesign consistent with modern branding aesthetics set off a social media backlash, fueled by cultural politics and amplified by high-profile voices. In the … Read more
Stock Market Commentary Inflation grabbed the headlines last week, but market breadth was just as important for the stock market. With financial markets initially feeling good about the CPI report, buyers rushed for laggard stocks and created a market breadth revival for two days. The abrupt sentiment shift nearly eliminated all my concerns about a … Read more
Stock Market Commentary Finally the bears break in on all the fun the bulls have had for months. The stock market got overwhelmed with a flood of bad news that was just too difficult to ignore or look through (for now). The July jobs report was not just weak but also it included a massive … Read more
Stock Market Commentary The week closed with strong speculative energy, particularly in crypto, with the signing of a package of crypto legislation including a stablecoin bill. Surprisingly, the speculative frenzy did not translate into the overall stock market beyond a few select stocks like OpenDoor (OPEN). In fact, the major indices mainly had a steady … Read more
Stock Market Commentary The stock market endured what Yahoo Finance dubbed a whirlwind week, and remarkably, the market came through largely unscathed and continued to hold highs. The July 9th expiration of the pause on reciprocal tariffs generated a wide range of outcomes – letters, temporary deals, and even punitive measures. Yet, the stock market … Read more