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 There are no dips allowed in this stock market. A week ago, I labelled the trading environment as “buy-the-dips” because of the psychology of post-oversold trading. Those dips turned out to be hard to find. Only day traders could notice any weakness in the price action. The stock … Read more
The Market Breadth Summary Stock Market Commentary The major indices closed marginally lower for the week, but market conditions deteriorated notably beneath the surface as the AI panic continued to weigh on stocks. The week started off with broad-based selling in the wake of an AI doomsday post from a little known research group called … Read more
The Market Breadth Summary Stock Market Commentary I am risk off in the coming week because market breadth failed twice at the overbought level. One failure is enough to make me cautious, but two tells me that the market is fighting too hard just to go higher. Moreover, earnings season is in full swing. For … 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 Market liquidity fears intensified across equities and crypto as market breadth continued to deteriorate. The major stock market indices confirmed bearish technical breakdowns. Major AI and tech stocks confirmed weakening momentum. The week ended with a relief rally after rate-cut expectations surged with Fed Governor Williams teasing a possible December easing. … Read more