ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Apple Dividing Rally from Churn The latest cycle of the Apple Trading Model (ATM) happened between a legal setback for Apple and a product launch event. The week began somewhat hopeful with a small gain. Sellers ended the prospects for the Apple trade by fading the product announcement with a 1.0% loss and a close … Read more
I have revised and implemented the Apple Trading Model (ATM) for several years. Last year was a banner year for buying and selling AAPL weekly call options in the ATM. The success makes sense given Apple (AAPL), along with so many other stocks, especially in tech, experienced incredible runs. The patterns for the Apple Trading … Read more
In early April, 2015, I simplified my Apple Trading Model (ATM). I examined the historical data to determine whether Apple’s (AAPL) open contained all the information needed to trade the stock on the day. I had an “ah ha” moment when I discovered that AAPL tended to trade in the same direction of its open. … Read more
At the timing of writing, Apple (AAPL) is up 0.6% for the year, essentially flat. When I last wrote about the Apple pre-earnings trade back in January, I looked back at the December 1, 2014 “flash dip” in AAPL’s stock as a lingering harbinger of more selling to come. As it turned out, AAPL sold … 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