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 The S&P 500 delivered only a brief respite from the bear market when it broke out above its 200-day moving average (DMA) to start the week. Two days later, the bear market reasserted itself. Another two days later, the sellers punched an exclamation mark on the bear market as a “hot” inflation … Read more
This is an excerpt from an article I originally published on Seeking Alpha on December 13, 2011. Click here to read the entire piece.) In a healthy economy, job creation often accompanies job destruction. Resources freed in one economic activity get redirected to new sources of economic growth. This can happen when consumers take the … Read more