ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
(This is an excerpt from an article I originally published on Seeking Alpha on July 14, 2015. Click here to read the entire piece.) There are plenty of reasons to worry about the U.S. housing market. I am not adding China’s recent market turmoil to the list. In a piece called “Will China flee or … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on July 7, 2015. Click here to read the entire piece.) The Reserve Bank of Australia (RBA) left its cash rate at 2.0%, right in-line with market expectations as expressed through the Australian Stock Exchange’s RBA rate tracker. In making its policy … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on May 1, 2015. Click here to read the entire piece.) While the U.S. dollar (UUP) was experiencing fresh bout of weakness, the Australian dollar (FXA) was surprisingly even weaker. Although I explained in an earlier piece that the Australian dollar was … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on January 25, 2015. Click here to read the entire piece.) Perhaps the market was really expecting a much lower inflation reading in Australia. The Australian Bureau of Statistics reported the Consumer Price Index (CPI) in Australia for the fourth quarter of … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on December 9, 2014. Click here to read the entire piece.) The DailyFx lists the the National Australia Bank’s (NAB) monthly indices for Business Confidence and Business Conditions as having a low impact on currency markets. As a result, I do not … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on October 14, 2014. Click here to read the entire piece.) {snip} Guy Debelle, an Assistant Governor of the Reserve Bank of Australia (RBA), delivered a must read speech on pricing and volatility in financial markets. He was about as subtle as … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on October 13, 2014. Click here to read the entire piece.) In “
(This is an excerpt from an article I originally published on Seeking Alpha on October 9, 2014. Click here to read the entire piece.) Not even another poor jobs report – unemployment rate up from 6.0% to 6.1% and a loss of 29,700 employed persons – could keep the Australian dollar (FXA) down. During the … Read more