ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
More and more stocks are hitting, and breaking, their March, 2009 and/or Fall, 2008 lows. For those people who missed out on the buying opportunities at that time, now seems like one of those rare moments where the market offers up a second chance. I am using similar logic to buy commodity-related stocks that have … 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 Status: 14% (Day #12 of the current oversold period). VIX Status: 43 General (Short-term) Trading Call: Only add … 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 Status: 14% (Day #11 of the current oversold period). VIX Status: 43 General (Short-term) Trading Call: Only add … 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 Status: 19% (Day #10 of the current oversold period). VIX Status: 32 General (Short-term) Trading Call: Only add … Read more
On July 26, Apple (AAPL) finally closed above $400. I interpreted this as a very bullish signal. I waited for the next dip to make a move, and the very next day, the market seemed to offer up a gift in the form of a 2.7% pullback. I wrote the following in my technical review … Read more