ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
AT40 = 53.7% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 50.3% of stocks are trading above their respective 200DMAsVIX = 15.4Short-term Trading Call: neutral Stock Market Commentary The stock market is officially in bizarro world. The stock market is breathlessly rallying in anticipation of rate cuts that will come … Read more
AT40 = 25.2% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 39.3% of stocks are trading above their respective 200DMAsVIX = 17.9Short-term Trading Call: neutral Stock Market Commentary AT40 (T2108), the percentage of stocks trading above their respective 40DMAs, broke through 30% and closed at 25.2%. My favorite technical indicator is … Read more
AT40 = 43.8% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 47.4% of stocks are trading above their respective 200DMAsVIX = 16.4Short-term Trading Call: neutral Stock Market Commentary Over the weekend, I wrote about a “constructive stock market” as a reference to the stock market’s consistently positive responses to U.S. vs … Read more
AT40 = 63.4% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 55.1% of stocks are trading above their respective 200DMAsVIX = 12.9Short-term Trading Call: neutral Stock Market Commentary The stock market is keeping the faith. The previous week ended with a U.S. GDP report for Q1 2019 that represented well the … Read more
AT40 = 58.9% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 52.5% of stocks are trading above their respective 200DMAsVIX = 12.1Short-term Trading Call: bearish Stock Market Commentary The S&P 500 (SPY) ended the previous week looking ready to lunge for its all-time high. Surprisingly, buyers decided to take a rest, … Read more