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 dynamics of this stock market are simple. AI infrastructure stocks are soaring well ahead of the competition and their peers. The rest of the market is getting left behind. Market breadth is going nowhere and remains in bearish territory, but the indices are being powered higher by … Read more
The Market Breadth Summary Stock Market Commentary Last week was action-packed. Earnings dominated my focus, and the resulting trading action confirmed why it was important to ignore the bearish signals from market breadth last week. The market is as bullish as ever this year at the index level, even though market breadth still stains the … Read more
The Catalyst: Algorhythm Holdings (RIME) Algorhythm Holdings, a micro-cap (now worth almost $5M) former karaoke machine company, announced its SemiCab AI platform can handle 400% more freight volume without adding staff. This offering is part of the company’s attempt to tap into a $3 trillion industry that the company claims wastes $1 trillion. Algorhythm claims … Read more