ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Trading Around May – One-Twenty (by Dr. Duru) So, whether or not you care about "sell in May" depends on your objectives and investing/trading style. But this adage is held so widely and so strongly, there must be something more to it. I decided to look at May from a different perspective. I decided to … Read more
(This is an excerpt from an article I published on Seeking Alpha. Click here to read the entire piece.) In my last piece on Research In Motion (RIMM), I described the details from the company’s conference call warning on this quarter’s earnings…RIMM barely paused to take in the scenery at the October lows. The stock … Read more
(This is an excerpt from an article I published on Seeking Alpha. Click here to read the entire piece.) Silver failed at its 50-day moving average (DMA) resistance in spectacular fashion. Silver dropped 9% and gave up almost its entire gain from the previous three-day relief rally. Source: stockcharts.com As I mentioned in my previous … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about this technical indicator, see my T2108 Resource Page.) T2108 Status: 63% and Neutral – just fell from overbought General Trading Call: Hold. If no shorts in the portfolio initiate “some”, more aggressive on break of May low … Read more
Today is the first day for posting the updates for T2108, the percentage of stocks trading above their respective 40-day moving averages (DMAs) on this blog. If you do not know anything about this powerful technical indicator, please see my T2108 Resource Page. This page also includes an archive of the commentary I posted on … Read more