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 July 11, 2013. Click here to read the entire piece.) Ordinarily, I would have called Wednesday’s (July 10, 2013) close on the S&P 500 (SPY) a stalemate that potentially signals a reversal in fortunes for the index. The flat close occurred … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 15, 2013. Click here to read the entire piece.) In last week’s Inflation Report, Bank of England governor Mark Carney tried his best to spin the good economic data in the United Kingdom as evidence that interest rates need to … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on July 8, 2013. Click here to read the entire piece.) Last week was a great week of economic news for the United Kingdom. The apparent economic improvement seems to be unfolding just as Mervyn King seemed to suggest in his final … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on June 6, 2013. Click here to read the entire piece.) On Monday night (June 4th, Tuesday morning in Australia), the Reserve Bank of Australia (RBA) decided to leave its cash rate steady at 2.75%. The statement contained no new news and … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on April 7, 2013. Click here to read the entire piece.) {snip} The market seemed to convulse on the notion that the Fed could actually end asset purchases but seemed to ignore the conditional of a much improved labor market and improving … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on February 25, 2013. Click here to read the entire piece.) Shortly after U.S. trading closed on Friday, February 22nd, Moody’s downgraded UK debt one notch from Aaa to Aa1 with a stable outlook. This downgrade is a natural extension of the … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on March 17, 2013. Click here to read the entire piece.) {snip} While it is still far from clear that the risky bailout plan for Cyprus will pass the country’s legislative body – a vote that was scheduled for Sunday has been … 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 February 21, 2013. Click here to read the entire piece.) The Bank of England (BoE) released its latest Inflation Report last week (February 13, 2013). During his remarks and responses to questions, Mervyn King again explained how the current and expected … 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