About pebblewriter

I left Wall Street in August 2001 (95th floor of World Trade 2...timing IS everything) and continue to trade for fun and profit. I hold undergrad degrees in Math and Econ, an MBA and am a CFA. Which is all to say -- I have no excuse for the miserable mistakes I often make. This blog serves as a means to keep myself honest and my thoughts organized. It should not be construed as advice regarding any particular strategy or security.

More of the Same

If you enjoyed watching Janet Yellen spend several hours avoiding saying anything remotely interesting yesterday, you should love today’s Senate Banking Committee testimony. In the meantime, EURUSD has reversed at our upside target and broken trend to the downside……even as USDJPY makes a feeble attempt at stabilizing.The net result is a dollar index which seems … continue reading →

Turn, Turn, Turn

To everything (turn, turn, turn) There is a season (turn, turn, turn) And a time to every purpose, under heaven The dollar’s dip has been a headwind for the markets, but it’s served a purpose: resetting various carry trades and putting things on firmer footing for the next stage.  I don’t know whether central bankers … continue reading →