ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Sometimes an uptrend tells traders everything they need to know. On May 22, 2017, I reviewed the results from my scan for stocks with relative strength during times of weakness in the S&P 500 (SPY). I lamented how last week’s flash of selling did not provide any good buying opportunities. So I indicated my plan … Read more
Before the sell-off from Trump Turmoil, there was the sell-off ahead of the Easter weekend that looked weighty enough to deliver an extended breakdown below the 50-day moving average (DMA) for the S&P 500 (SPY). Buyers came storming back after that weekend. Out of curiosity, I used SwingTradeBot.com to identify the strongest stocks of the … Read more