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 stock market suffered experienced a jarring selloff during the announcement of reciprocal tariffs from President Trump, a move that, despite ample telegraphing, shocked both investors and global trade partners. The Futures dropped sharply, with even oil down 2.4% and the S&P 500 plunging as much as 3% after-hours. This tariff crash … Read more
Stock Market Commentary We closed out March and Q1 with a wild day of trading. As captured in a headline from Yahoo Finance, “Wall Street closes out worst quarter since 2022,” sentiment was deeply negative. Headlines about tariffs, economic troubles, and Coinbase’s (COIN) worst quarter since the FTX collapse added to the sense of dread. … Read more
Stock Market Commentary The case for a sustainable low—but not necessarily a bottom—continues to develop. Today’s catalyst came from Federal Reserve Chair Jerome Powell, who breathed more life into market breadth. Market breadth continued its steady expansion. Over the past three of four trading days, there has been clear expansion in breadth, now reaching a … Read more
Stock Market Commentary The stock market saw a cool and strong follow-through day, reinforcing the potential for a sustainable low (NOT a bottom). Based on changes in market breadth, I discussed the potential for a sustainable low in “FINALLY, Some Convincing Bear Market Relief – The Market Breadth“. A flip in the short-term trends for … Read more
Stock Market Commentary After weeks of persistent selling, the stock market finally delivered bear market relief, with all major indices posting solid gains to end the week. Market breadth notably improved, signaling a shift in buying power that could indicate the start of a sustainable low. Note well that a sustainable low is NOT the … Read more