ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
(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 December 2, 2015. Click here to read the entire piece.) The European Central Bank (ECB) next makes a statement on monetary policy on December 3, 2015. The market is apparently eagerly anticipating an announcement from ECB President Mario Draghi that delivers … Read more
The market wasted no time. Within two days, currency markets reversed all the losses the euro (FXE) suffered in the wake of the Federal Reserve’s October decision on monetary policy. In that decision, the Fed cleverly crafted words to convince the market that its first rate hike is indeed imminent. With renewed signs of strength … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on October 26, 2015. Click here to read the entire piece.) Almost two weeks ago, markets appeared ready to price in a first Fed rate cut way out into June, 2016 (essentially neverland). The U.S. dollar index (UUP) sat at one of … 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 September 24, 2015. Click here to read the entire piece.) {snip} After reading the actual speech by Andrew Haldane, titled ominously “How low can you go?,” I realized that the BBC had overly focused Haldane’s concluding remarks. I can understand the … 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 August 2, 2015. Click here to read the entire piece.) It seems odd to fear that wage growth is slumping in the U.S. with increasing momentum supporting minimum wage hikes across the country and through many industries. Yet, wage data on … Read more
On Friday, July 17, 2015, the U.S. dollar index (UUP) closed just below the short-term downtrend in place since it made a multi-year high in March. And for those who fear a strong dollar is bad for the U.S. economy, or at least the stock market, the S&P 500 (SPY) is apparently out to prove … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on July 13, 2015. Click here to read the entire piece.) “After a six-month offensive against German-inspired austerity succeeded only in deepening his country’s economic mess and antagonizing his European counterparts, there was little for Tsipras to tout as evidence of a … Read more