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]. 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 posted on twitter using the #120trade hashtag) T2108 Status: 71.2% (First overbought day) … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on June 11, 2012. Click here to read the entire piece.) As global financial markets seem set to rally in a reflex “risk on” reaction to the bailout of Spain’s banks, one small corner of the financial universe remains notably somber: the … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. 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 posted on twitter using the #120trade hashtag) T2108 Status: 24.2% VIX Status: 23.6 … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on June 4, 2012. Click here to read the entire piece.) I have followed the Bank of England’s quarterly Inflation Report since November, 2009 as a way to gain insight into the UK economy and the prospects for the British pound (FXB). … Read more
Two weeks ago, the iShares MSCI Spain Index Fund ETF (EWP) finally broke through its 2009 lows. Today, at the time of writing, EWP has plunged into nine-year lows, and is sinking fast. Charts like these remind us of the financial peril facing Europe right now. Source: FreeStockCharts.com In the latest news, the European Commission … Read more