ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
To-date, I have been using the 30-Day Fed fund futures as a valuable tool for determining likely (short-term) trading direction for the U.S. dollar index (DXY0). However, since the last Federal Reserve decision on monetary policy on July 27, 2016, these futures have exhibited a lot of volatility and thus a lot of noise (assuming … Read more
The referendum that punted the UK out of the European Union (EU), “Brexit”, is practically a forgotten memory for most people outside of Europe. For example, the aftermath of this vote now looks like an event that quickly shook out the most eager sellers in the stock market and thus paved a course for a … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 3, 2016. Click here to read the entire piece.) The Reserve Bank of Australia (RBA) kicked off central bank action for August with a rate cut to a fresh record low of 1.50%. Financial markets were anticipating a cut with … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are … Read more