ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
(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 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 are … Read more
+500% spike in searches for "buy gold" in the past four hourshttps://t.co/pmMsRUcAwK — GoogleTrends (@GoogleTrends) June 24, 2016 Regular readers know that Google Trends has become my favorite sentiment indicator for assessing gold at the extremes. So I hopped up when I heard about the above tweet on the latest podcast of “Slate Money.” (That … 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 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 are … Read more
At the time of writing, currency markets opened trading this week with Brexit fear continuing to recede in the form of a big gap in favor of the British pound (FXB). Google Trends shows that on Friday, search interest in Brexit took a big step back (down 17%). This move confirms the apparent change in … Read more
Earlier this month, I used Google Trends to demonstrate that the currency market lagged a key shift in Brexit sentiment. Just 10 days later, interest (aka anxiety?) in Brexit, the prospect of a UK exit from the European Union (EU), has scaled new heights while the British pound (FXB) has hit new lows for the … Read more