ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Over the past year or so, I have worked to further refine the application of T2108, the percentage of stocks trading above their 40-day moving averages (DMAs), to short-term trading. Last November, I updated my analysis of overbought periods, periods where T2108 equals 70% or more. That analysis provides a complete framework for understanding the … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on February 18, 2012. Click here to read the entire piece.) On February 10, I rushed to create a short-term bearish setup on Google (GOOG) based on the sudden surge in volatility. I concluded that if the volatility gains anticipated stock losses … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on February 15, 2012. Click here to read the entire piece.) I hope my fellow solar enthusiasts enjoyed 2012’s solar run while it lasted. Solar stocks went on a tear to start the new year, but now the fun is done. Reality … 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: 83% (overbought day #32) … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on February 16, 2012. Click here to read the entire piece.) The U.S. dollar and Japanese yen have played an up and down game of seesaw since July of last year. The USD/JPY, or the inverse of the Rydex Currency Shares Japanese … Read more