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 The stock market finds itself in a place I did not fully anticipate, even as recently as my last market check-in. Market breadth is rebounding as I suspected it might, and the recovery increasingly looks like a bottoming process. Yet the recovery is leaving behind the once-dominant … Read more
The Market Breadth Summary: Gold Shined The Stock Market Summary Gold shined as money rotated away from tech and retail, market breadth cooled, and energy, healthcare, crypto, and precious metals took the spotlight. The U.S. Treasury’s intervention in the government bond market helped weakened the U.S. dollar and ignited gold. The specter of the government … Read more
The Market Breadth Summary Stock Market Commentary A week ago, I claimed that the stock market was all about oil. Now the stock market is all about war. Oil prices are up because of the war by the U.S. and Israel against Iran. An even larger issue is the cascade of impacts from an escalating … Read more