ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Housing Market Intro and Summary This edition of “What Happened in the Housing Market” is truncated because the shutdown of the Federal government prevented the release of data from the U.S. Census Bureau. The Census Bureau is responsible for reports on housing starts and new home sales. The remaining data in this month’s post depicts … Read more
Housing Market Intro and Summary What happened in the housing market for September, 2025? A rate cut fail unfolded as a resumption of rate cuts by the Federal Reserve failed to revive the stocks of homebuilders. This market reaction suggests that housing market data will remain soft for some time to come. Here is a … Read more
Housing Market Intro and Summary What happened in the housing market for August, 2025? The housing data remained stuck in slowdown territory, but the stock market followed through as expected on a bearish to bullish turn in the prices of the stocks of home builders. Financial markets are largely anticipating lower mortgage rates as a … Read more
Stock Market Commentary Last week delivered one of the most bullish one-day expansions of market breadth I have ever seen. On Friday, August 22nd, Federal Reserve Chair Jerome Powell spoke at the Jackson Hole confab and gave financial markets sufficiently dovish signals to reignite a rally that had waned most of the week. Big cap … Read more
Housing Market Intro and Summary What happened in the housing market for July, 2025? The housing data looked as bad as ever, but the stock market has finally responded favorably to the stocks of home builders. This forward-looking display of “green shoots” forms the basis of a “bearish to bullish reversal.” The catalyst for this … Read more