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 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 are … 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 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 are … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on October 16, 2016. Click here to read the entire piece.) Three weeks ago, I was clearly premature in declaring an “ominous sentiment shift” in the Australian dollar (FXA). Since then, speculators have buckled down and returned to growing net long positions … 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 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 are … Read more
A week ago, I laid out a case for a tradable bottom in SPDR Gold Trust (GLD) and iShares Silver Trust (SLV). While both funds held up around 200-day moving average (DMA) support, speculators retreated further from net long positions in the latest CFTC data. Source: Oanda’s CFTC Commitment of Traders Net speculative longs in … Read more