ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
The Market Breadth Summary The Stock Market Summary Just like many of you, I have been glued to the World Cup drama. I have been rooting for the United States and several other countries, and it got me thinking about how much the stock market resembles a soccer match: pass, rotate, advance. The current stock … Read more
This is a special edition of The Market Breadth which follows a detailed look at expanding fear in financial markets. I am using video to quickly share my observations on important technical developments across the stock market. A “bullish engulfing” pattern has created a strong potential for bottoms across stocks and indices. After defining the … Read more
The Market Breadth Summary Stock Market Commentary Market fears expanded last week as converging headwinds took their toll on a market that insists on buying every dip. The best example of buying persistence came with the market’s first regular trading session after the U.S. and Israel attacked Iran. The S&P 500 gapped down at Monday’s … Read more
The Market Breadth Summary Stock Market Commentary Chaotic trading continued last week. Some segments of the market are doing extremely poorly and other segments of the market that are doing extremely well. A market rotation has turned into stark divergence hidden by major indices which are mainly thrashing about. I see three major signals. One, … Read more
The year 2026 is off to a fast start. After immediately testing my shopping list for the year on software stocks, and Intel Corporation (INTC), headlines from NVIDIA (NVDA) at the Las Vegas Consumer Electronics Show (CES) pressed my positioning in AI-related stocks. CEO Jensen Huang declared (emphasis mine): “The power of Vera Rubin is … Read more