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 The stock market resolved one cliffhanger, a hovering just below resistance at 200-day moving averages (DMAs) on the major indices, and moved on to another. A large surge in reaction to a pause in China vs U.S. trade hostilities sent the major indices gapping right over resistance and directly into the overbought … Read more
Stock Market Commentary We finally got a breather: a calm weekday and a holiday for both the US stock and bond markets. The break felt more relieving than even the tariff pause, a sign of just how tense things have been in the markets. Market breadth was my major headline as twice in the week, … Read more
Stock Market Commentary Today was a brutal day in the stock market. The only good news I can report is that market breadth finally dropped into my official oversold territory. However, “so what?” sounds like an appropriate question to ask in the face of deepening market angst over tariffs. For example, a headline from Yahoo … Read more
Stock Market Commentary The stock market suffered experienced a jarring selloff during the announcement of reciprocal tariffs from President Trump, a move that, despite ample telegraphing, shocked both investors and global trade partners. The Futures dropped sharply, with even oil down 2.4% and the S&P 500 plunging as much as 3% after-hours. This tariff crash … Read more
Stock Market Commentary The market delivered a contradictory signal to end the week. For example, while swingtradebot flashed very bullish technical indicators, market breadth declined the last two days of the week. This divergence is symbolic of the swirling tensions in the air. After, the three-week sell-off into a bear market took advantage of rising … Read more