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 April 2, 2015. Click here to read the entire piece.) A drop in the Australian dollar (FXA) toward a fresh six-year low has not stopped Australia’s trade balance from worsening. {snip} Source: The Australian Bureau of Statistics (ABS) Source for currency … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on March 31, 2015. Click here to read the entire piece.) Over the weekend another wave of rumors about plans for economic stimulus in China made the rounds. These rumors were credited for helping to drive China’s Shanghai index toward a 7-year … 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
(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 March 2, 2014. Click here to read the entire piece.) This time around, the currency market seemed well-prepared for a rate cut from the Reserve Bank of Australia (RBA). As luck would have it, the RBA did not cooperate. {snip} This … Read more