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 October 30, 2011. Click here to read the entire piece.) The U.S. dollar was one of last week’s biggest losers during a very bullish week. As I have chronicled for several weeks now, the market’s bullish signals continue to grow. With … Read more
(This is an excerpt from an article I originally published on Seeking Alpha. Click here to read the entire piece.) The U.S. dollar confirmed yet again the importance of its 200-day moving average (DMA). I updated my review of this case two weeks ago by demonstrating in detail how the dollar sustains moves both above … Read more
(This is an excerpt from an article I originally published on Seeking Alpha. Click here to read the entire piece.) {snip} This piece is a follow-up post to “Preparing for Profits in a Resource-Constrained World” (Part 1) in which I discussed the implications of Jeremy Grantham’s fundamental thesis of a new world where resources are … Read more
What has changed in the two months it took for silver to stampede its way up $15 (a 43% gain) and back? Did the Federal Reserve raise rates? Did the Federal Reserve threaten the market with rate hikes? Did the housing market rebound sharply, generating an expectation for higher rates? Did inflation expectations adjust sharply? … Read more
Today, Pan American Silver Corporation (PAAS) issued a press release confirming my earlier assumption that its mining operations in Bolivia would not be impacted by the Bolivian government’s efforts to further nationalize its resource industries (see “Despair Deep in the Silver Mines: Another Opportunity to Buy Pan American Silver“). “On May 1, Bolivian President Evo … Read more