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
The reaction caught me completely off-guard. On September 6th, the USD ISM Non-Manufacturing/Services Composite for August came in at 51.3, well below “expectations” of 54.9 and the lowest reading since February, 2010. The reaction was swift in financial markets. The 30-day Fed Fund futures pushed out the next rate hike from December, 2016 (54.2%) to … 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
In early 2014 I laid out a basic trading premise for the cocoa market: trade the range by buying sell-offs and selling into buying sprees. This strategy has worked extremely well since then except I only pulled the trigger once this year. The chart below for the iPath Bloomberg Cocoa SubTR ETN (NIB) shows how … 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