ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
It has been a good run, but it seems that First Solar’s best gains are behind it for now. First Solar (FSLR) declined 5.9% on Tuesday, January 29 on heavy trading volume. FSLR is now trading below its 50-day moving average (DMA) for the first time since October. This breaks a primary uptrend that has … 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
(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 a chart review I should have written during the day Monday or at least Monday night. The drama could not be much higher immediately ahead of January earnings, and the stock is throwing up important trading signals. Apple (AAPL) gapped down on Monday morning and closed with a 3.5% loss on very heavy … Read more