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 Status: 6.5% (Day #3 of the current oversold period). VIX Status: 48. General (Short-term) Trading Call: Close most … 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 Status: 11% (Day #2 of the current oversold period). VIX Status: 32. General (Short-term) Trading Call: Close most … Read more
(Click here for archived articles on RIMM) Research in Motion (RIMM) has been able to buy back its shares under the current repurchase authority since July 11. The stock opened up that day and proceeded to close down 3.2%. The stock has drifted down 16.6% since then. During this time, I identified a technical pattern … 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.) T2108 Status: 13%. VIX Status: 32 General (Short-term) Trading Call: Close most bearish positions. Start building bullish positions. Commentary If you have spent the last nine months feeling like you missed … 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.) T2108 Status: 26%. VIX Status: 23.4 General (Short-term) Trading Call: Continue closing out bearish positions. Maintain list of bullish trades. Commentary Today was one of those days I wish T2108 reported … 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.) T2108 Status: 24%. VIX Status: 24.8 General (Short-term) Trading Call: Hold. Finalize list of bullish trades. Prepare to close most bearish positions. Commentary T2108 dropped from 33% to 24%. The S&P … 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.) T2108 Status: 33%. VIX Status: 23.7 General (Short-term) Trading Call: Hold. Commentary T2108 managed to nudge upward a bit after being at least as low as 29% when the S&P 500 … 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.) T2108 Status: 32%. VIX Status: 25.3 General (Short-term) Trading Call: Cover a few bearish positions. Continue identifying fresh bullish positions. Commentary T2108 barely changed although it was at least as low … 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.) T2108 Status: 33%. VIX Status: 24.0 General (Short-term) Trading Call: Hold. Continue identifying potential bullish positions. Start closing bearish positions on next market sell-off from current levels. Commentary T2108 dropped slightly … 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.) T2108 Status: 36%. VIX Status: 23.0 General (Short-term) Trading Call: Hold. Start identifying potential longs. Commentary Blink and you may have missed it. T2108 just went from invalidating my forecast of … Read more