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: 70.3% (first day day … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 7, 2012. Click here to read the entire piece.) The immediate response to the Reserve Bank of Australia’s latest monetary policy decision was muted, but I think the statement spoke volumes. The RBA essentially declared a soft economic landing in … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 5, 2012. Click here to read the entire piece.) The Japanese yen was the last remaining currency to “hold out” against the Australian dollar’s recent advances. On Friday, the AUD/JPY currency pair jumped again off its 200-day moving average (DMA) … 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: 76.4% (third day of … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 2, 2012. Click here to read the entire piece.) On July 30th, the Australian dollar made a clean breakout against the U.S. dollar (FXA). At that time, I stated I was finally ready to reposition for what could be an … Read more