ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
AT40 = 57.7% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 67.0% of stocks are trading above their respective 200DMAs VIX = 11.0 (volatility index) Short-term Trading Call: neutral Commentary So March it is then! In reaction to U.S. Federal Reserve Chair Janet Yellen’s speech at The Executives’ Club of … Read more
AT40 Status: 64.4% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 Status: 70.1% of stocks are trading above their respective 200DMAs VIX Status: 12.5 (volatility index) Short-term Trading Call: neutral Commentary Two days ago, I titled my Above the 40 update “The S&P 500 Coiled In Anticipation.” I described the building … 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
(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
After watching Boston Federal Reserve President Eric Rosengren speak at the South Shore Chamber of Commerce in Quincy, MA, I concluded Rosengren did not intend to rock the stock market on September 9, 2016. Ironically, the market’s extremely low volatility and lofty levels make the market “vulnerable” to good news. Good news drove Rosengren’s upbeat … Read more