ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
A Case for VanEck Real Assets ETF (RAAX) At the end of 2025 I made the case for buying commodities in 2026. I came into this year already owning a large, core basket of Rio Tinto (RIO), BHP Group (BHP), Freeport McMoran (FCX), and some rare earth stocks and looked forward to further growing these … Read more
After Canada experienced a hot inflation print for the month of August (the Consumer Price Index (CPI)), I aggressively declared the Canadian dollar a buy, long Invesco CurrencyShares Canadian Dollar Trust (FXC) and short USD/CAD. I ignored the technicals of support at an upward sloping 50-day moving average (DMA) (the red line below) on USD/CAD … Read more
North American: The United States “What we’re seeing now is an economy that seems to be at an inflection point….we feel like we are at a point where the economy is about to start growing much more quickly, and job creation coming in much more quickly…we see strong growth and strong job creation starting right … Read more
Conditions rapidly changed since my last Above the 40 post describing the historic territory for overbought conditions. Bad and good news headlines are battling for mindspace where a new more virulent strain of coronavirus threatens to undercut what could have been market cheer from the new pandemic relief in the U.S. Distress from a New … Read more
The Turkish lira suffered another run of sustained weakness this month. Weakness in the Turkish lira drove USD/TRY to new all-time highs. On Thursday, the Central Bank of the Republic of Turkey (CBRT) tried yet again to stop the bleeding. The Turkish Central Bank hiked its policy rate an entire 200 basis points from 8.25% … Read more