ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
AT40 = 60.6% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 59.6% of stocks are trading above their respective 200DMAs VIX = 11.4 Short-term Trading Call: cautiously bullish Commentary I call it a mini panic dip. Political news roiled the stock market for a brief moment, a grand 30 minutes … Read more
The last Housing Market Review covered data reported in October, 2017 for September, 2017. At the time, I lamented having too small an exposure to home builders while the entire sector rallied nearly non-stop. I was counting on seasonal patterns to deliver at least one buyable dip ahead of the seasonally strong period starting in … Read more
AT40 = 59.8% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 59.1% of stocks are trading above their respective 200DMAs VIX = 10.7 Short-term Trading Call: cautiously bullish Commentary “Time is ticking away for the bears and sellers as the period between Thanksgiving and Christmas is typically a very mild, … Read more
AT40 = 52.9% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 55.9% of stocks are trading above their respective 200DMAs VIX = 9.1 (a new all-time low!) Short-term Trading Call: cautiously bullish Commentary A week ago, I complained that AT40 (T2108), the percentage of stocks trading above their 40-day moving … Read more
The last Housing Market Review covered data reported in September, 2017 for August, 2017. At the time, I described a growing rift between the data and the stocks of home builders. Instead of stumbling, housing stocks received a fresh breath of life and kicked up the momentum another notch higher in October. The iShares U.S. … Read more