ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Stock Market Commentary A good friend of mine introduced me to the phrase – now we’re cooking with gas! In today’s context, this phrase refers to some startling developments in the rolling crash in the stock market. The technical damage was thorough, unrelenting, and nearly merciless. Chaos in economic policy chaos has fully transferred into … Read more
Stock Market Commentary Another week, another tease for bears. A fade from resistance joined market breadth in flagging bearish signals for the stock market. Yet, bears are hard-pressed to find a good risk/reward entry, especially considering the on-going uptrends for 2024. The latest confounder for bears has been the market’s general ability to ignore rising … Read more
Stock Market Commentary The stock market delivered a gift on Friday as I scrambled to de-risk following the Bank of Japan’s drama on monetary policy. I braced for selling into bearish pressure and instead was pleasantly greeted by a broad push higher for stocks from the open. After the dust settled on the day, I … Read more