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 Stock Market Commentary Market fears expanded last week as converging headwinds took their toll on a market that insists on buying every dip. The best example of buying persistence came with the market’s first regular trading session after the U.S. and Israel attacked Iran. The S&P 500 gapped down at Monday’s … Read more
The Market Breadth Summary Market rotation is improving participation, but a fresh warning from market breadth keeps me cautious. Small caps and defensives are attracting capital while tech weakness quietly undermines leadership. I remain neutral after AT50 reversed from overbought levels, issuing a fresh warning despite bullish index trends. The disconnect between strong indices and … Read more
Stock Market Analysis Summary Major U.S. equity indices extended gains after a strong end to November, supported by expectations of a December Fed rate cut. Market breadth indicators (AT50, AT200) improved but failed at primary downtrend resistance, signaling lingering internal weakness. Small caps (IWM) outperformed with a breakout to all-time highs, while several major tech … Read more
Stock Market Analysis Summary Stock market indices, including the S&P 500, NASDAQ, and Russell 2000, staged sharp recoveries, breaking key resistance levels as holiday spirits fueled by revived rate cut hopes apparently helped to heal a cracked stock market. Market breadth expanded sharply, with the percentage of stocks trading above their 50-day moving averages (AT50) … Read more
Stock Market Commentary I am seeing more and more cracks widening in the stock market, and I am getting increasingly concerned. I am trying to stay bullish because the seasonally strong period has started for the stock market. However, after such a strong August, strong September, and strong October, each of which is historically one … Read more