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 I focused on two major developments during the past week of trading: the reemergence of oil and the skittishness of the AI trade. The resumption of the war against Iran nudged oil higher after multiple attacks against oil tankers had already brought an end to oil’s weeks-long … Read more
The Market Breadth Summary The Stock Market Indices Early in the week, the market looked ready to confirm a deeper bearish phase as market breadth broke down and selling accelerated. I felt validated in my bearish call for the first two days of the week. However, the bears quickly lost the narrative from there. Buyers … Read more
The Market Breadth Summary Stock Market Commentary The dynamics of this stock market are simple. AI infrastructure stocks are soaring well ahead of the competition and their peers. The rest of the market is getting left behind. Market breadth is going nowhere and remains in bearish territory, but the indices are being powered higher by … Read more
Anthropic’s Project Glasswing sent shudders through the world of cybersecurity as the launch of Mythos exposed catastrophic security flaws throughout the software ecosystem. The threat is so dire that the U.S. Treasury Secretary and the Federal Reserve Chair hastily convened banking leaders to make sure they are ready to secure the nation’s finances against these … Read more
Introduction I have been working on a framework to make sense of AI’s impact on the enterprise software industry. The ongoing SaaSpocalypse caused by an AI Panic has given this research extra urgency because I suspect the sell-off has created contrarian opportunities to buy impacted stocks for significant upside gains in coming years. I created … Read more