Above the 40 (November 7, 2018) – Exclamation Points for the End of Oversold Trading Conditions

AT40 = 40.5% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 37.4% of stocks are trading above their respective 200DMAs VIX = 16.4 Short-term Trading Call: bullish Commentary Financial markets made their votes very clear after the U.S. 2018 midterm election. via GIPHY Apparently, today’s rally in the S&P 500 … Read more

Above the 40 (November 2, 2018) – The Bounce from Oversold Survives An Early Test

AT40 = 22.0% of stocks are trading above their respective 40-day moving averages (DMAs) – ends an 11-day oversold period that followed a 4-day oversold period AT200 = 31.6% of stocks are trading above their respective 200DMAs VIX = 19.5 Short-term Trading Call: bullish Commentary If you are a long-term passive index investor, you can … Read more

Above the 40 (October 29, 2018) – The Extended Oversold Period Finally Delivers A Bullish Divergence

AT40 = 11.9% of stocks are trading above their respective 40-day moving averages (DMAs) – (as high as 15.6%) 9th day of oversold period following 4-day oversold period AT200 = 25.4% of stocks are trading above their respective 200DMAs (as high as 29.3%) VIX = 24.7 (as high as 27.9) Short-term Trading Call: bullish Commentary … Read more

Above the 40 (October 26, 2018) – Yo-Yo Trading Action Takes the S&P 500 Closer to Declining 200DMA Signal

AT40 = 9.7% of stocks are trading above their respective 40-day moving averages (DMAs) – (as low as 7.6%) 8th day of oversold period following 4-day oversold period AT200 = 25.2% of stocks are trading above their respective 200DMAs (as low as 22.5%) VIX = 24.2 (as high as 27.5) Short-term Trading Call: bullish Commentary … Read more

Above the 40 (October 12, 2018) – Confidence and A Conditional Reprieve Amid Oversold Lows

AT40 = 11.7% of stocks are trading above their respective 40-day moving averages (DMAs) (hit an intraday low of 9.4%, oversold day #3) AT200 = 32.3% of stocks are trading above their respective 200DMAs (intraday low of 30.0%) VIX = 21.3 (a decrease of 14.7%) Short-term Trading Call: bullish Commentary AT40 (T2108), the percentage of … Read more