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]. It helps to identify extremes in market sentiment that are likely to reverse. 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 … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. 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 … Read more
On September 9, 2014, McDonald’s (MCD) produced yet another awful monthly sales report: “McDonald’s Corporation today announced that global comparable sales decreased 3.7% in August. Performance by segment was as follows: U.S. down 2.8%; Europe down 0.7%; Asia/Pacific, Middle East and Africa (APMEA) down 14.5%.” In the U.S. the problem is sluggish industry growth paired … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. 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 … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on May 14, 2014. Click here to read the entire piece.) I last wrote about Twitter (TWTR) three months ago to conclude that the “crescendo top” in the stock was confirmed and to review the importance of sentiment in determining the fate … Read more