ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
I last wrote about J.C. Penney (JCP) in March right after an ominous breakdown below its 50-day moving average (DMA) (see “Put Buyers Rush Into J.C. Penney As The Stock Breaks Down“). I soon joined the surge of put volume that occurred around that time, and the trade ended well. JCP eventually erased all its … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on April 27, 2012. Click here to read the entire piece.) After Amazon.com’s (AMZN) last earnings at the end of January, I recommended buying the stock (or call options) right at the open based on historical trading patterns (see “Why Amazon.com Was … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on April 27, 2012. Click here to read the entire piece.) Ahead of Apple’s (AAPL) earnings on Tuesday, April 24, I wrote the following {snip} I went on to demonstrate the strong relationship between Apple’s average price change two weeks ahead of … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. 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 posted on twitter using the #120trade hashtag) T2108 Status: 55% VIX Status: 16.2% … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on April 23, 2012. Click here to read the entire piece.) If recent history has any relevance to the upcoming (and much anticipated) earnings announcement on April 24th from Apple (AAPL), odds favor a very positive reaction the following day. I generally … Read more