ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Stock Market Statistics AT40 = 26.5% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 44.5% of stocks are trading above their respective 200DMAs (8-month high) VIX = 38.0 Short-term Trading Call: cautiously bullish Stock Market Commentary A little over a week ago, the stock market looked poised to launch higher … Read more
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
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
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
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