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 Finally the bears break in on all the fun the bulls have had for months. The stock market got overwhelmed with a flood of bad news that was just too difficult to ignore or look through (for now). The July jobs report was not just weak but also it included a massive … Read more
Stock Market Commentary Last week marked an important shift as the stock market experienced overdue relief. Most notably, there were no major headlines causing significant disruptions in financial markets. Instead, the market continued the theme of recovery from the previous week, driven by policymakers pivoting their messaging about the economic chaos triggered by policies and … Read more
Stock Market Commentary: On a weekly basis, the stock market seems to flip its abiding theme. One week after I accused the stock market of sleepwalking, buyers roused the major indices out of their slumber with a new and sudden display of strength. A 13.9% post-earnings surge from Meta Platforms, Inc (META) seemed to set … Read more
Stock Market Commentary: The no worries stock market is sleepwalking its way through April. The major indices are stuck in tight ranges near or at key technical resistance and support levels. Yet, market breadth remains relatively low as many of the big market leaders hold up the tent. Meandering economic data induces some of this … Read more