ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
(This is an excerpt from an article I originally published on Seeking Alpha on July 24, 2015. Click here to read the entire piece.) {snip} In the middle of this fresh decline, the Bank of Canada delivered its July Monetary Policy Report with another rate cut included. The reaction in the currency market was just … Read more
The United States Oil ETF (USO) is down 1.0% in 2015. At its lowest point in 2015, USO was down 23.3%. At its highest point, USO was up 2.6%. This asymmetry alone seems to suggest that USO should tend higher in the short-term. I make this assumption based on an on-going decline in volatility, measured … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on March 16, 2015. Click here to read the entire piece.) On March 5, 2015, Barron’s Blogs published a short article on a large bet against volatility on United States Oil ETF (USO) called “Big Options Bet Sees Oil ETF Rangebound into … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on April 9, 2015. Click here to read the entire piece.) {snip} The most striking feature of the minutes for the mid-March meeting was the Federal Reserve’s very mixed feelings toward the timing for the first rate hike: {snip} There are multiple … 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