ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
AT40 = 42.1% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 59.1% of stocks are trading above their respective 200DMAs VIX = 11.7 (volatility index) Short-term Trading Call: neutral Commentary The February U.S. jobs report catalyzed the next swing in the stock market’s bear-bull knife fight. I noted in my … Read more
AT40 = 48.9% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 63.5% of stocks are trading above their respective 200DMAs VIX = 11.5 (volatility index) Short-term Trading Call: neutral Commentary Market weakness continued to grow today even as the major indices barely notched losses on the day. AT40 (T2108), the … Read more
AT40 Status: 67.3% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 Status: 70.8% of stocks are trading above their respective 200DMAs VIX Status: 12.0 (volatility index) Short-term Trading Call: neutral Commentary The S&P 500 (SPY) printed a positive gain for the 7th straight trading day and the 10th of the last … Read more
AT40 Status: 60.3% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 Status: 68.4% of stocks are trading above their respective 200DMAs VIX Status: 11.0 (volatility index) Short-term Trading Call: neutral Commentary Nothing says “strong sentiment” like a stock market that actually rallies on a strong U.S. jobs report: the fear of … 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
I raise yellow flags when companies implement a secondary stock offering soon after going IPO, especially after the stock has experienced a massive run-up. I get even more worried when the majority of the shares are being sold by shareholders rather than the majority of proceeds going into corporate investments. Two recent IPOs have popped … 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
(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