ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
“Earlier this month, it is reported in the local Macau media that the Director delays to Macau and mainland China that the central government is going to help support Macau’s economy. And these comments followed similar statements from Macau’s Chief Executive last month. I think no real specifics were given. So my question to you … 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
(This is an excerpt from an article I originally published on Seeking Alpha on October 1, 2015. Click here to read the entire piece.) {snip} RBA Governor Glenn Stevens found a clever way to imply that the decline in the Australian dollar (FXA) still has a ways to go. First, he implied that the terms … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on September 18, 2015. Click here to read the entire piece.) If you have followed the CME Group 30-Day Fed Fund futures prices, today’s decision by the Federal Reserve to leave interest rates unchanged did not surprise you. You may have even … 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
(This is an excerpt from an article I originally published on Seeking Alpha on September 1, 2015. Click here to read the entire piece.) The Reserve Bank of Australia (RBA) delivered another plain vanilla decision on monetary policy. The RBA barely even acknowledged the stomach-churning volatility of the past two weeks or so. {snip} Markets … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 12, 2015. Click here to read the entire piece.) I was just getting ready to think through my latest piece on the Australian dollar (FXA) as a story about the currency’s resiliency likely thanks to an on-going rebound in price … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on July 8, 2015. Click here to read the entire piece.) Against my previous expectations, the Australian dollar (FXA) continues to shrink. First the Chinese government panicked with successive rate cuts and next direct manipulation in its stock markets. Now it seems … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on July 6, 2015. Click here to read the entire piece.) On Wednesday, July 1, 2015 the Australian Bureau of Statistics (ABS) released international trade data for May which suggested that April’s big plunge may have been quite an aberration. On a … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 4, 2015. Click here to read the entire piece.) {snip} The Reserve Bank of Australia (RBA) issued its monetary policy decision for August. The RBA left rates unchanged just as the market expected. The rest of the statement was boilerplate … Read more