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…
(This is an excerpt from an article I originally published on Seeking Alpha on February 12, 2012. Click here to read the entire piece.) Volatility has been on the rise over the past five days, and on Friday it really perked up to the tune of an 11.6% jump. This spike in volatility off the … 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: 83% (overbought day #20) … 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: 70% (overbought day #2) … Read more
This is an excerpt from an article I originally published on Seeking Alpha. Click here to read the entire piece.) Juniper Networks (JNPR) has surged 24% since I wrote about the stock’s plunge to 2 1/2 year lows. At that time, I claimed it was time to trigger my idea to do a pairs trade … Read more
This chart review pairs an ugly chart with a blooming one. Japan’s Nikkei stock market index made very little additional progress after the sharp and rapid bounce from the March lows marked a crescendo of panic over the Fukushima Daiichi nuclear catastrophe. On five separate days, the Nikkei survived tests of the closing lows from … Read more
(This is an excerpt from an article I originally published on Seeking Alpha. Click here to read the entire piece.) Research In Motion (RIMM) will report earnings Friday, September 15. As usual, I will be most interested in finding out how aggressively RIMM has executed on its latest stock repurchase authorization that began in July.The … Read more
(This is an excerpt from an article I originally published on Seeking Alpha. Click here to read the entire piece.) After discovering that shorts ramped ahead of earnings for Research In Motion (RIMM), I decided to check in again on the short interest in Lender Processing Services (LPS)… {snip} Source: NASDAQ.com So LPS caught bulls … Read more
A friend and I have actively discussed how best to position ourselves for the near-term, bearish risks in the market. As my favorite technical indicator, T2108 – the percentage of stocks trading above their 40-day moving average (DMA), hit oversold territory, he asked my opinion about adding to his SSO put spread. Puts on SSO … Read more
(This is an excerpt from an article I published on Seeking Alpha. Click here to read the entire piece.) As I feared would eventually happen, LPS sliced right through support and made fresh two-year lows. On Tuesday, LPS closed down 3.6% on a third straight day of heavy selling volume. *Chart created using TeleChart: Put … Read more
On Friday, CNBC reported that on that day options players placed large bets bullish on the dollar: “The options market is gearing up for a bull run in the dollar after February’s non-farm payrolls showed improvement in the U.S. jobs picture. Options traders saw sizeable downside put buying in the EUR/USD…Before Friday’s payrolls data, the … Read more