ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Stock Market Commentary The market staged a quick rebound this week after the “bears break-in” two Fridays ago. Most losses reversed by Monday’s close as buyers stepped in with conviction and quickly repaired the indices. However, the bounce masked the on-going failure of market breadth to keep pace with the S&P 500 and the NASDAQ, … Read more
Stock Market Commentary The stock market presented mixed messages amidst ongoing volatility. While a “softer than expected” CPI report presumably triggered an initial fragile rebound, I see persistent underlying weakness. Apple Inc. (AAPL) represents this fragility with a continued bearish breakdown casting a shadow over the broader market. Apple Inc. (AAPL) declined 1.8% and confirmed … Read more
Stock Market Commentary A DeepSeek dive stole the headlines from the Federal Reserve. At the same time, tariff headlines refused to go away. Assuming you have already gotten your fill of DeepSeek headlines, I will just summarize the drama by saying a Chinese start-up has apparently completely up-ended the economics of the AI universe. DeepSeek’s … Read more
Stock Market Commentary The new year of 2025 got off to a rocky start with the weight of the last Federal Reserve decision on monetary policy pushing fresh losses across the indices. I assumed this price action signaled the market’s readiness to cash in on the capital gains that it did not want to register … Read more
Stock Market Commentary A week ago, buyers did their best to push against topping stock indices by restarting overbought conditions. That overbought period lasted just 3 days as a Fitch downgrade of U.S. Treasury debt freshly cooled the summer of loving stocks. The resulting selling confirmed topping conditions and greased the skids of the stock … Read more