ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Trade the Oversold Bounce – Stocks, Futures and Options Traders (Dr.Duru) Profits from oversold periods start either from entering the market long on the first oversold day (aggressive) and/or from waiting for VIX to increase at least 20 percent from the first oversold day or entering the market the first day after the oversold period … Read more
How to Make an American Job Before It's Too Late: Andy Grove – Bloomberg Clearly, the great Silicon Valley innovation machine hasn’t been creating many jobs of late — unless you are counting Asia, where American technology companies have been adding jobs like mad for years. The underlying problem isn’t simply lower Asian costs. It’s … Read more
California on 'verge of system failure’ – The Globe and Mail Golden State, like many others, is nearly bankrupt and desperately needs a bailout (tags: California bankruptcy economy govt_spending) Gold Prices – Saudis Hoard Twice as Much Gold as Thought – CNBC Analysts believe that central banks could be net buyers of gold this year … Read more
Risk Index Spike Means Carry Trade ‘Sell-off,’ Barclays Says – BusinessWeek A gauge of risk has surged to the highest level in 15 months, signaling investors are reversing strategies of borrowing money in countries with low interest rates to invest in high-yielding assets, Barclays Plc said. (tags: forex trading_strategy carry_trade) A quintuple nine-to-one up day … Read more
The 2004 Fed Transcripts: A Methodical, Diabolical Destruction of America's "Wealth" The Federal Reserve releases transcripts of the Federal Open Market Committee (FOMC) meetings with a five-year lag (as required by law, the Fed would like to burn them). Transcripts for 2004 meetings were released on April 30, 2010. The Dow Jones Industrial Average fell … Read more