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
Do not count out King Digital (KING) just yet? Almost two weeks after a post-earnings implosion, KING is showing some signs of life. The stock may even be scratching its way to a (short-term?) sustainable bottom. The chart above shows that buyers finally showed up in KING as it punched through the $13 level. The … 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
In last week’s edition of Forex Setup Week, I pointed to the “quiet” strength of the Swiss franc (FXF) with a particular focus on its trade against the euro (FXE) in EUR/CHF. Although the euro continued to weaken through the week, the franc did so as well. So now, EUR/CHF is essentially where it was … Read more