ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
(This is an excerpt from an article I originally published on Seeking Alpha on July 11, 2013. Click here to read the entire piece.) Ordinarily, I would have called Wednesday’s (July 10, 2013) close on the S&P 500 (SPY) a stalemate that potentially signals a reversal in fortunes for the index. The flat close occurred … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on June 20, 2013. Click here to read the entire piece.) {snip} The Federal Reserve announcement sounded a bit like something former governor Mervyn King might say about the prospects for the Bank of England’s bond purchase program: {snip} I imagine believers … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on May 19, 2013. Click here to read the entire piece.) Time to swivel heads around on the Australian dollar (FXA) yet again. In “Australian Dollar’s Relief Rally Ends With The Latest RBA Meeting Minutes,” I concluded that the Reserve Bank of … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on May 19, 2013. Click here to read the entire piece.) {snip} Traders have gotten quite bullish on the U.S. dollar. Reuters reported that bullish bets on the U.S. dollar have reached an 11-month high: {snip} This critical juncture for the dollar … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 30, 2013. Click here to read the entire piece.) {snip} Before Mark Carney took over as governor of the Bank of England (BoE), the main question buzzing in financial media seemed to focus on figuring out just how dovish Carney … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 26, 2013. Click here to read the entire piece.) The release of the minutes for the Federal Reserve’s last policy meeting caused a lot of churn in financial markets, especially in currencies. I read contradicting headlines with one interpreting the … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 5, 2013. Click here to read the entire piece.) After Reserve Bank of Australia (RBA) Governor Glenn Stevens made it clear on July 30, 2013 that the RBA will maintain exceptionally low interest rates for quite some time, the Australian … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on July 30, 2013. Click here to read the entire piece.) The market is finally listening for every little cue from Glenn Stevens, the Governor of the Reserve Bank of Australia (RBA), and he is taking full advantage of it to help … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on July 17, 2013. Click here to read the entire piece.) The Reserve Bank of Australia (RBA) released the minutes from its monetary policy decision meeting earlier this month. It contains some great detail on the RBA’s assessment of global financial conditions. … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on July 8, 2013. Click here to read the entire piece.) Last week was a great week of economic news for the United Kingdom. The apparent economic improvement seems to be unfolding just as Mervyn King seemed to suggest in his final … Read more