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 February 1, 2013. Click here to read the entire piece.) While all eyes are trained on U.S. economic data this week, Australians are looking ahead to Monday, February 4th when the Reserve Bank of Australia (RBA) makes its next statement on … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on January 7, 2013. Click here to read the entire piece.) Back in September, one of the big stories was the plunge in iron ore prices to three-year lows around $87/ton. With prices down over 50% from the record high of $191/ton … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on January 11, 2013. Click here to read the entire piece.) On Thursday, January 10th, China reported export growth much larger than forecasters expected. {snip} This surge helped push the Australian dollar (FXA) far enough to finally break a long-standing downtrend against … 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
(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
(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 December 16, 2012. Click here to read the entire piece.) Almost two weeks ago, I noted that as long as the Australian dollar (FXA) maintained its stubborn strength, it made sense to play the currency long versus the weakening Japanese yen … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on December 5, 2012. Click here to read the entire piece.) After the Reserve Bank of Australia (RBA) cut interest rates on Monday night, the Australian dollar (FXA) bounced down, up, drifted lower, and then rallied. It is too easy to call … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on December 3, 2012. Click here to read the entire piece.) Analyst consensus anticipates a rate cut at the next meeting of the Reserve Bank of Australia (RBA). I forgive you for being surprised if you have been keeping your eye on … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 6, 2012. Click here to read the entire piece.) The timing of The Reserve Bank of Australia’s interest rate cuts is starting to look like a random number generator. In its latest statement on monetary policy (Nov 6th in Australia), … Read more