ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Housing Market Intro and Summary What happened in the housing market in August, 2024? Financial markets quickly threw out a major downgrade from Citigroup for the housing sector. Hopes for rate cuts from the Federal Reserve continued to impact both the data and stock prices. While the on-going decline in mortgage rates has failed to … Read more
Alexandria Real Estate (ARE), a real estate investment trust (REIT) specializing in life science buildings, gets much love from analysts. According to Factset, ARE is currently one of the most loved companies in the S&P 500 (SPY). ARE is just one of two stocks whose analyst coverage consists 100% of buy ratings. This high “occupancy … Read more
(An audio version of this blog post is available on SoundCloud) A no regrets decision is a high quality decision. When backed by a systematic framework, preferably something like the decision chain which I use in my consulting practice, a decisionmaker has reasonably and practically exhausted all available options to improve the inputs to the … Read more
Uptrend in ITB: An Observation of 20-Day and 50-Day Moving Averages The calendar for the seasonal trade in home builders has come to an end. Yet, the iShares U.S. Home Construction ETF (ITB) looks as strong as ever. The uptrend in ITB is well-defined by a primary uptrend in the 20-day moving average (DMA) (the … Read more
Stock Market Commentary: At mid-week, the stock market looked poised to put on a defiant display of buying power. However, multiple negative headlines proved too much to bear. Hawkish Fed-speak greased the skids on Thursday. Another hot inflation report and escalating tensions at the Ukrainian border sealed the deal for angst to rule the day. … Read more