ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are posted on twitter using the #120trade hashtag) T2108 Status: 67.2% VIX Status: 15.2 … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 19, 2012. Click here to read the entire piece.) {snip} AAPL has developed a pattern where, on average, it starts the week strong and ends meekly. The following chart shows the average daily return for AAPL for each day of … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 17, 2012. Click here to read the entire piece.) I have written multiple times about the usefulness of the Australian dollar (FXA) as an early indicator or confirming signal for directional trading on the S&P 500 (SPY). For an example, … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 17, 2012. Click here to read the entire piece.) Almost two months ago, I wrote about Fastenal (FAST), an industrial and construction supplier, describing the stock as expensive but worth buying at lower prices. Within a month, FAST jumped over … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 15, 2012. Click here to read the entire piece.) The Bank of England’s latest Inflation Report (August 8th) included two items that I found particularly interesting: The Bank of England (BoE) expects the squeeze in take home pay in the … Read more