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]. It helps to identify extremes in market sentiment that are highly likely to reverse. 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 … Read more
Amazon.com (AMZN) The day after Amazon.com (AMZN) reported earnings, it soared in typical fashion after faking out traders with a lower print. I was able to once again execute the post-earnings AMZN trade successfully. It has been all downhill for AMZN since then. On Tuesday (August 13) the stock finally closed below the intraday low … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 13, 2013. Click here to read the entire piece.) If there was any time for Teucrium Corn (CORN) to finally bounce, Monday (August 12, 2013) was it. The United States Department of Agriculture (USDA) announced its projection for record corn … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 12, 2013. Click here to read the entire piece.) As the clock ticks down to a double whammy of a possible pullback in the Federal Reserve’s bond purchases and/or another drama-filled countdown to a U.S. government shutdown, the U.S. dollar … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 8, 2013. Click here to read the entire piece.) The move has occurred in fits and starts, but the relief rally I anticipated for the Australian dollar (FXA) appears to be underway. The latest decision on monetary policy from the … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 5, 2013. Click here to read the entire piece.) After Reserve Bank of Australia (RBA) Governor Glenn Stevens made it clear on July 30, 2013 that the RBA will maintain exceptionally low interest rates for quite some time, the Australian … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on July 30, 2013. Click here to read the entire piece.) The market is finally listening for every little cue from Glenn Stevens, the Governor of the Reserve Bank of Australia (RBA), and he is taking full advantage of it to help … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are highly likely to reverse. 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 … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 7, 2013. Click here to read the entire piece.) Tuesday’s trading (August 6, 2013) brought out the taper tantrum jitters again. Officials from the Federal Reserve are once again reminding financial markets about the potential for September to bring the … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are highly likely to reverse. 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 … Read more