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 highly 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 … 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 highly 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 … 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 highly 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 … Read more
Here is my latest review of a few charts that have my attention: Apple (AAPL), BlackBerry (BBRY), Facebook (FB), and Autozone (AZO), Fossil (FOSL). Apple (AAPL) Fourteen (14) trading days have passed since Apple (AAPL) made a new low in its standing downtrend from last September’s all-time highs. The stock has closed above the downtrending … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on March 6, 2013. Click here to read the entire piece.) In late December, I wrote about negative sentiment growing in Apple (AAPL). Apple has fallen another 100 points since then for a 19% loss, yet, negative sentiment has not grown. In … Read more
For this chartfest, I do not have time to provide extensive commentary. So, this is mostly a visual presentation of the charts with some labels or notes to point your attention to what I think is most interesting from a trading perspective. Feel free to post questions if anything is not clear. Enjoy…! I have … Read more
Research In Motion (RIMM) will change into BlackBerry (BBRY) on Monday, February 4, 2013. It is a change in name that is likely long overdue. I thought I would celebrate by writing a quick chart review that is also long overdue. I have not written about RIMM, uh BBRY, for almost a year. At the … Read more
It is time for Apple (AAPL) earnings again, but this time around I did not have a chance to update my price-based analysis. Last time around (October 25, 2012), AAPL dropped a mere 0.9% post-earnings after bouncing off the 200DMA for the first re-test since November, 2011. The stock eventually proceeded to continue a strong … Read more
For the fist time in about a month, Apple (AAPL) is challenging its short-term downtrend, currently marked by the declining 50-day moving average (DMA). Over the past two trading days, AAPL has surged 7.7%. The stock had gained as much as 8.9% at today’s high. This tremendous surge maintains AAPL’s tendency to begin the week … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on December 17, 2012. Click here to read the entire piece.) Apple’s rollout of the iPhone5 in China hit a perfect storm on Friday, December 14th. Rumors were flying about lackluster interest and a reduction in orders to suppliers. Analysts released reduced … Read more