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 = 46.4% of stocks are trading above their respective 200DMAsVIX = 16.0Short-term Trading Call: neutral Stock Market Commentary A day after the major indices flipped from bullish support to bearish resistance, buyers rallied these indices through resistance. It was a tenuous … Read more
AT40 = 49.4% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 49.9% of stocks are trading above their respective 200DMAsVIX = 16.0Short-term Trading Call: neutral Stock Market Commentary The stock market’s coordinated yet precarious dance around 50-day moving averages (DMAs) continued on Friday. The latest round of technical battles played out … Read more
AT40 = 63.4% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 55.1% of stocks are trading above their respective 200DMAsVIX = 12.9Short-term Trading Call: neutral Stock Market Commentary The stock market is keeping the faith. The previous week ended with a U.S. GDP report for Q1 2019 that represented well the … Read more
AT40 = 20.4% of stocks are trading above their respective 40-day moving averages (DMAs) (ended 13 days in oversold territory)AT200 = 14.9% of stocks are trading above their respective 200DMAsVIX = 21.4Short-term Trading Call: bullish (with caveats all over again) Commentary All oversold periods must end – it is just a matter of how and … Read more
AT40 = 11.9% of stocks are trading above their respective 40-day moving averages (DMAs) (oversold day #12)AT200 = 12.4% of stocks are trading above their respective 200DMAsVIX = 23.2Short-term Trading Call: bullish (with caveats all over again) Commentary $AUDJPY $AUDUSD $GBPJPY flash crashed. Could this ALL be #forex fallout from $AAPL revenue warning!?! pic.twitter.com/WZS10wj7D9 — … Read more