ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
The market continues to throw up a lot of interesting charts, particularly on the bullish side. This chart review takes a quick look at Shutterfly (SFLY), BlackBerry (BBRY), Weight Watchers (WTW), Peabody Energy (BTU), and the Australian dollar (AUD/USD or FXA). SFLY just reported earnings, and the market clearly loved it. The stock printed a … 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 highly 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 … 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 highly 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 … Read more
This is an excerpt from an article I originally published on Seeking Alpha on February 1, 2013. Click here to read the entire piece.) While all eyes are trained on U.S. economic data this week, Australians are looking ahead to Monday, February 4th when the Reserve Bank of Australia (RBA) makes its next statement on … Read more
Research In Motion (RIMM) will change into BlackBerry (BBRY) on Monday, February 4, 2013. It is a change in name that is likely long overdue. I thought I would celebrate by writing a quick chart review that is also long overdue. I have not written about RIMM, uh BBRY, for almost a year. At the … Read more