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 December 5, 2012. Click here to read the entire piece.) Almost three months have passed since the Federal Reserve announced a third round of quantitative easing. In that time, a Presidential election and now audible negotiations over the Fiscal Cliff have … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November, 2012. Click here to read the entire piece.) Japanese yen (FXY) traders have been here before. Earlier this year, the U.S. dollar (UUP) ripped from historic lows against the yen around 76 to a peak just above 84 in just … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 7, 2012. Click here to read the entire piece.) The day before the 2012 U.S. Presidential election, the U.S. dollar (UUP) climbed above its 200-day moving average (DMA), a critical resistance that I assumed it could not crack in the … 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 highly 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 … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on October 25, 2012. Click here to read the entire piece.) This week, the S&P 500 (SPY) has broken down, providing an early warning that QE3 is not working as expected. The S&P 500 is resting precariously at support formed by the … Read more