ONE-TWENTY TWO: Trading Financial Markets
Since the year 2000, delivering a different narrative for students and fans of financial markets: stocks, options, currencies, Bitcoin, and more…
In previous Apple chart reviews and updates, I have noted the apparent influence of the open interest put/call ratio on the overall bull/bear tone of Apple (AAPL). When the stock last bottomed – between September 16th and 17th – the open interest put/call ratio dropped to a level last seen since, you guessed it, AAPL’s … Read more
This chart review covers the following stocks Apple (AAPL), Amazon.com (AMZN), Best Buy (BBY), Skull Candy (SKUL), Priceline.com (PCLN), Hewlett-Packard (HPQ), and Caterpillar (CAT). Apple (AAPL) In retrospect, last Monday’s plunge now looks like some kind of “manipulation.” The stock plunged 3.2% on no immediate news so the selling looked like follow-through to the previous … Read more
On Monday, I was QUICK to declare “a very bearish breakdown for Apple.” Just two days later, the stock has recovered all of Monday’s huge loss and sits on the cusp of a very encouraging recovery or at the precipice of a renewed sell-off. The stock is neatly perched between its 50 and 200-day moving … Read more
Many internet-related stocks have been on fire lately. In many ways, the run-up has been about mobile, so it may not even be technically accurate to call this feature a valuation update on internet-related stocks. Regardless, the most notable change since the last update in mid-June is that the internet high-fliers have experienced significant run-ups … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on May 7, 2013. Click here to read the entire piece.) Marvell Technology (MRVL) has enjoyed a tremendous run since hurtling downward after a legal setback in its patent dispute with Carnegie Mellon back in December. At the time, I thought it … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on September 3, 2013. Click here to read the entire piece.) {snip} Source: FreeStockCharts.com This pullback comes ahead of what should be an exciting several weeks for Apple fans. {snip} Perhaps thanks to Carl Icahn’s famous tweets, the enthusiasm for September’s news … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 14, 2013. Click here to read the entire piece.) For a little over three months I have made the case for an Apple (AAPL) bottom (see for example “An Apple Bottom As Sentiment Finally Turns Southward (Put Buying Soars)” and/or … 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 highly 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 … Read more
I finally took some time to further formalize the Apple Trading Model (ATM). To-date, I have described this in extensive detail showing Apple’s (AAPL) daily trading patterns and post-earnings trading patterns. I took these lessons (updated periodically in other posts) and created a very simple dataset as a foundation for running a regression tree (a … 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 highly 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 … Read more