ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Stock Market Analysis Summary The market initially welcomed the Fed’s rate cut, but rising long-term yields recreated the same headwinds seen after the October rate cut. A tired AI trade emerged as Oracle, Broadcom, NVIDIA, and semiconductors sold off sharply, pressuring market breadth. Major indices showed signs of topping despite prior strength, especially the NASDAQ … Read more
Stock Market Commentary Last week’s trading had something for almost everyone: volatility, churn, recovery, and a bank scare. A familiar story about renewed U.S.–China trade tensions expanded into a larger mosaic of market stress and resilience. Still, given market breadth remains broken, I see a market skating on the edge. The volatility index (VIX) summarizes … Read more
Stock Market Commentary Imagine that. Key support holds firm across the major indices. A telling post-election reversal turned into proof positive that unrelenting bulls remain all-in for the stock market. Not even a further escalation in World War 3 brought pause to the rebounds off support (Russia fired an intermediate-range ballistic missile into Ukraine and … Read more
Stock Market Commentary The stock market has a natural law of “physics.” Overly enthusiastic trading, whether up or down, eventually meets an opposite and sometimes equal force. This natural instability of extremes forms a basis of my market breadth trading rules. The enthusiastic post-election surge exhausted buyers enough to create a post-election reversal. Moreover, my … Read more
Stock Market Commentary Yet another bearish engulfing day. Will THIS one matter to the stock market? In the following video, I review the converging bearish signals just days after all-time highs from the S&P 500 defied October’s warnings. (A summarized transcript follows the video – cleaning and editing help from ChatGPT) Summarized Transcript Introduction Hello … Read more