ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
On Friday, February 26th, the U.S. Department of Commerce’s Bureau of Economic Analysis reported revised GDP results for Q4 2015. The number went from a first estimate of 0.7% to 1.0% annualized. The Bureau of Economic Analysis declared “with this second estimate for the fourth quarter, the general picture of economic growth remains the same; … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on July 1, 2013. Click here to read the entire piece.) One of the scenarios I did not consider in my longstanding bullishness on gold is that the bond market might actually rise up AGAINST the wishes of the Federal Reserve. If … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on April 21, 2013. Click here to read the entire piece.) On April 14th, I wrote my reasons for believing that a bottom for gold would prove elusive. At the time, I was thinking gold (GLD) could experience a new extended phase … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 7, 2012. Click here to read the entire piece.) The day before the 2012 U.S. Presidential election, the U.S. dollar (UUP) climbed above its 200-day moving average (DMA), a critical resistance that I assumed it could not crack in the … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on September 16, 2012. Click here to read the entire piece.) For those who have paid attention to the words of Federal Reserve Chairman Ben Bernanke, it is no surprise that money-printing continues to be the response to persistently poor economic performance. … Read more