ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
The Market Breadth Summary Stock Market Commentary The major indices closed marginally lower for the week, but market conditions deteriorated notably beneath the surface as the AI panic continued to weigh on stocks. The week started off with broad-based selling in the wake of an AI doomsday post from a little known research group called … Read more
The Market Breadth Summary Market rotation is improving participation, but a fresh warning from market breadth keeps me cautious. Small caps and defensives are attracting capital while tech weakness quietly undermines leadership. I remain neutral after AT50 reversed from overbought levels, issuing a fresh warning despite bullish index trends. The disconnect between strong indices and … Read more
Stock Market Analysis Summary Late-week buying pressure restored optimism, keeping markets positioned to end the year positively despite unresolved technical risks. Major indices defended key moving averages, while small caps and consumer stocks showed improving relative strength. Market breadth remains uneven, but longer-term indicators continue to support the potential to end the year positively. Leadership … Read more
Stock Market Analysis Summary Market liquidity fears intensified across equities and crypto as market breadth continued to deteriorate. The major stock market indices confirmed bearish technical breakdowns. Major AI and tech stocks confirmed weakening momentum. The week ended with a relief rally after rate-cut expectations surged with Fed Governor Williams teasing a possible December easing. … Read more
Stock Market Commentary China and the U.S. have an unstable relationship. Each country needs the other and yet they cannot co-exist peacefully in the global economic or political sphere, especially when nativist flames and security alarms are burning brightly. That lingering instability came to prominence one more time after trade negotiations broke down (yet again) … Read more