ONE-TWENTY TWO: Trading Financial Markets
Since the year 2000, delivering a different narrative for students and fans of financial markets: stocks, options, currencies, Bitcoin, and more…
Stock Market Commentary: The latest jobs report came on the heels of another post-Fed downer. The U.S. added 261,000 jobs but the unemployment rate ticked up from 3.6% to 3.7%. At the open, the market seemed to celebrate the potential implications for looser monetary policy despite the microscopic change in the unemployment rate. China delivered … Read more
AT40 = 65.6% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 59.8% of stocks are trading above their respective 200DMAs (just under the high for 2019 of 60.2%)VIX = 13.4Short-term Trading Call: neutral Stock Market Commentary A week after my last Above the 40 post, the volatility index (VIX) is my … Read more
AT40 = 48.5% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 50.2% of stocks are trading above their respective 200DMAsVIX = 16.0 (up 7.0% and went as high as 18.0)Short-term Trading Call: neutral Stock Market Commentary It was fun for the short time it lasted. The speculative turn in the stock … Read more
AT40 = 41.1% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 51.7% of stocks are trading above their respective 200DMAs VIX = 13.1 (as high as 14.5) Short-term Trading Call: cautiously bullish Commentary The narrowing rally in the stock market has officially resolved into a sell-off. The downward slide is … 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
Kudos to outdoor retailer REI for actually giving its employees time off on Black Friday, the day after Thanksgiving. REI created an #optoutside campaign to encourage fellow enthusiasts to join vacationing employees outdoors, far away from the Black Friday shopping madness that has become quite the bewildering American consumerist tradition. Back on the asphalt, results … 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
(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
(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
(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