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: 70.3% (first day day … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 13, 2012. Click here to read the entire piece.) Since reporting earnings August, 1, First Solar (FSLR) has been on a tear. {snip} This trading action represents strong follow-through to the nascent bullish action I pointed out on June 19th: … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 10, 2012. Click here to read the entire piece.) {snip}…The chart below represents all of YELP’s trading history to-date. Source: FreeStockCharts.com The chart cannot show the magnitude of the trading volume given the large distortion from the first day of … Read more
(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: 74.5% (sixth day of … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 6, 2012. Click here to read the entire piece.) The HOLDRS Retail ETF (RTH) made new all-time highs in late July, and the SPDR S&P Retail ETF (XRT) has remained in a trading range since failing a retest of its … Read more