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 The Stock Market Indices Last week, retail and software stocks ignited, and the usual AI-related suspects also participated in the rally. Yet the advance unfolded beneath persistently weak market breadth, leaving a notable disconnect between price action and participation. The software rally is particularly interesting and gratifying to me given I … Read more
The Market Breadth Summary This is the week I finally had to turn bearish on the stock market. The warning signs have piled up too high for me to continue ignoring them. The momentum in the S&P 500 and NASDAQ has been incredibly strong, and that momentum kept me from making this call earlier. However, … Read more
ServiceNow puts AI in the core of its mission and software platform. From the company’s about page: “ServiceNow is the AI control tower for business reinvention—and it all begins with workflows. We are a single platform that brings together any AI, any data, and any workflow, so you can completely reinvent how people work across every … Read more
The Market Breadth Summary Stock Market Commentary Last week was action-packed. Earnings dominated my focus, and the resulting trading action confirmed why it was important to ignore the bearish signals from market breadth last week. The market is as bullish as ever this year at the index level, even though market breadth still stains the … Read more
Anthropic seems to have a policy of producing a steady onslaught of significant product releases. On April 28th, the AI platform and software company released a set of connectors for integrating Claude, Anthropic’s coding and agentic platform, with software tools for creatives. In “Claude for Creative Work” Anthropic explains how these connectors expand the possibilities … Read more