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 Feb 25, 2015. Click here to read the entire piece.) As every other major central bank has done, the Federal Reserve has taken a crack at estimating the economic impact of the collapse in oil prices. In its semi-annual report to … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on Jan 22, 2015. Click here to read the entire piece.) My re-evaluation of my newfound bullishness on the Canadian dollar came just in time for a surprise rate cut from the Bank of Canada (BoC). The CurrencyShares Canadian Dollar ETF (FXC) … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on Jan 14, 2015. Click here to read the entire piece.) “The recent movements in oil prices have been dramatic, but they are not random. Once we sort through the different economic forces at play, we see that underlying the recent drop … Read more
Back in February, I tagged Memorial Production Partners (MEMP) as my favorite oi-related play. Overall, MEMP was a great trade, but I had intended to hold it for a much longer time. After breaking its 50-day moving average for the second time in March, I put MEMP on the “sell” list. I sold on the … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are … Read more