ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
AT40 = 67.0% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 65.2% of stocks are trading above their respective 200DMAs (a TEN MONTH HIGH) VIX = 11.1 Short-term Trading Call: bullish Commentary Once again the stock market was only able to maintain overbought trading conditions for 1 day. At the … Read more
AT40 = 66.3% of stocks are trading above their respective 40-day moving averages (DMAs) – Day #1 of an overbought period AT200 = 63.6% of stocks are trading above their respective 200DMAs VIX = 11.9 Short-term Trading Call: bullish Commentary The S&P 500 (SPY) made a resounding comeback from the previous day’s reversal. The move … Read more
AT40 = 48.1% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 54.9% of stocks are trading above their respective 200DMAs VIX = 11.3 Short-term Trading Call: cautiously bullish Commentary It was by the slimmest of margins, but the S&P 500 (SPY) finally ended a week with a loss. After 8 … Read more
AT40 = 59.3% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 57.8% of stocks are trading above their respective 200DMAs VIX = 9.8 (a 13.3% drop) Short-term Trading Call: cautiously bullish Commentary Buyers ended last week on a strong note with the S&P 500 (SPY) surging to yet another all-time … Read more
AT40 = 67.2% of stocks are trading above their respective 40-day moving averages (DMAs) – ended 12 straight days overbought AT200 = 60.3% of stocks are trading above their respective 200DMAs VIX = 10.0 Short-term Trading Call: bullish Commentary On Monday, the S&P 500 (SPY) went into a bearish divergence with AT40 (T2108), the percentage … Read more