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 December 5, 2011. Click here to read the entire piece.) The Australian dollar was a particularly strong beneficiary of last week’s bullish euphoria. Although the dollar index has only lost about 1% since its most recent peak on Friday, Nov 25, … Read more
(This is an excerpt from an article I originally published on Seeking Alpha. Click here to read the entire piece.) The Australian dollar has fallen so far, so fast over the past month that I failed to notice a major change in tone from the Reserve Bank of Australia (RBA) on monetary policy until now. … Read more
(This is an excerpt from an article I originally published on Seeking Alpha. Click here to read the entire piece.) {snip} This piece is a follow-up post to “Preparing for Profits in a Resource-Constrained World” (Part 1) in which I discussed the implications of Jeremy Grantham’s fundamental thesis of a new world where resources are … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page.) T2108 Status: 21% and “almost” oversold. General Trading Call: Continue covering shorts. Add more small long positions. Commentary T2108 dropped to 21%, right on the edge of the official 20% oversold … Read more
I thought it would be fitting to close out another year of blog posts to celebrate the performance of one of my favorite investments: the Australian dollar. Despite beginning the week with another round of tightening by Chinese monetary authorities, the Australian dollar put on another stellar show. The “Aussie” closed the week up over … Read more