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 June 14, 2015. Click here to read the entire piece.) Turkey held national elections on June 7th. The events were well-covered given Turkey’s central location amid a set of geopolitical hotspots and its (former) place as a fast-growing emerging market. Source: … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on June 28, 2015. Click here to read the entire piece.) Since I laid out a post-election trading strategy on the Turkish Lira (USD/TRY) two weeks ago, events have gone on a very slow burn. The currency and the stock market have … Read more
The U.S. dollar index (UUP) failed this week (so far) to break out of its short-term downtrend. However, it is picking up momentum against select currencies. One case in point is the Turkish lira (USD/TRY). Source: FreeStockCharts.com Note that the 50-day moving average (DMA) flattened out a bit after the TUrkish elections but it never … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on December 17, 2014. Click here to read the entire piece.) Currency markets have been rocked with increasingly extreme moves in risk-bearing currencies like the Russian ruble (USD/RUB). Last week, the Russian central bank hiked interest rates from 9.5% to 10.5%. This … 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