Stock Market Rebounds Stronger Than Before – Above the 40 (October 9, 2020)

Stock Market Statistics AT40 = 61.1% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 53.2% of stocks are trading above their respective 200DMAs VIX = 25.0 Short-term Trading Call: cautiously bullish Stock Market Commentary Without recognizing the bullish divergence that ended the previous week, last week’s trading dynamic of a … Read more

Hinge As a Promising Video Dating Growth Platform for Match Group

I just finished writing about how I misread Match Group (MTCH) early in the pandemic. Now I understand Match.com as a major enabler of dating in a space and time where physical meeting is fraught with more than the usual worries. A Yahoo Finance interview with Justin McLeod, the founder and CEO of dating app … Read more

A Bullish Divergence for Stocks Even As President Falls to the Coronavirus – Above the 40 (October 2, 2020)

Stock Market Statistics AT40 = 41.8% of stocks are trading above their respective 40-day moving averages (DMAs) (ranged from 25.8% to 42.8%) AT200 = 42.6% of stocks are trading above their respective 200DMAs (ranged from 39.2% to 45.5%) VIX = 27.6 Short-term Trading Call: cautiously bullish Stock Market Commentary Last Friday was the kind of … Read more

Oversold Stock Market Conditions End With An Immediate Challenge – Above the 40 (September 25, 2020)

Stock Market Statistics AT40 = 23.3% of stocks are trading above their respective 40-day moving averages (DMAs) (ended 2-day oversold period)AT200 = 38.6% of stocks are trading above their respective 200DMAsVIX = 26.4Short-term Trading Call: cautiously bullish Stock Market Commentary The oversold period lasted just two days, a typical length of time for oversold periods. … Read more

A Tech Stock Breakdown While Rest of Market Yawns – Above the 40 (September 18, 2020)

Stock Market Statistics AT40 = 43.5% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 44.9% of stocks are trading above their respective 200DMAsVIX = 25.8Short-term Trading Call: cautiously bearish Stock Market Commentary Tech stocks led the way up, and now they are leading the way down. The top 1% of the … Read more

Tech Fertilizes the Weeds in the Stock Market – Above the 40 (September 11, 2020)

Stock Market Statistics AT40 = 40.2% of stocks are trading above their respective 40-day moving averages (DMAs) (2-month low)AT200 = 43.0% of stocks are trading above their respective 200DMAs (2 1/2 week low)VIX = 31.5Short-term Trading Call: cautiously bearish Stock Market Commentary The weeds in the stock market thickened last week. Tech stocks fertilized the … Read more

A Pause in the Frenzy Ends Stock Market Bid for A Parabolic Run-Up – Above the 40 (September 4, 2020)

Stock Market Statistics AT40 = 54.6% of stocks are trading above their respective 40-day moving averages (DMAs) (intraday low of 45.9% which was solid support in second half of July and early August)AT200 = 46.9% of stocks are trading above their respective 200DMAs VIX = 30.8Short-term Trading Call: cautiously bearish Stock Market Commentary I thought … Read more

An Overbought Stock Market Celebrates New Fed Inflation Policy – Above the 40 (August 28, 2020)

AT40 (T2108) is back to overbought (above 70%).

Stock Market Statistics AT40 = 71.2% of stocks are trading above their respective 40-day moving averages (DMAs) (ended 7 overbought trading days)AT200 = 46.5% of stocks are trading above their respective 200DMAs VIX = 23.0Short-term Trading Call: cautiously bearish Stock Market Commentary Last week was not a good time to be sitting on the sidelines … Read more

New Bearish Divergence Shreds the Stock Trading Script – Above the 40 (August 21, 2020)

AT40 (T2108) is dropping at a rapid clip despite the stock market's melt-up.

Stock Market Statistics AT40 = 60.6% of stocks are trading above their respective 40-day moving averages (DMAs) (ended 7 overbought trading days)AT200 = 42.7% of stocks are trading above their respective 200DMAs VIX = 22.5Short-term Trading Call: cautiously bearish Stock Market Commentary AT40 (T2108), the percentage of stocks trading above their respective 40-day moving averages … Read more

An Overbought Stock Market Faces Down the Stimulus Stalemate – Above the 40 (August 14, 2020)

Stock Market Statistics AT40 = 76.1% of stocks are trading above their respective 40-day moving averages (DMAs) (6th day overbought)AT200 = 46.3% of stocks are trading above their respective 200DMAs VIX = 22.1Short-term Trading Call: cautiously bullish Stock Market Commentary While the politicians in Washington D.C. play a game of chicken with the economy, the … Read more