ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
AT40 = 28.9% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 48.1% of stocks are trading above their respective 200DMAs VIX = 20.6 Short-term Trading Call: cautiously bullish Commentary In the last Above the 40, I noted some warning signs developing on the S&P 500 (SPY). The trading week started … Read more
AT40 = 32.8% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 49.5% of stocks are trading above their respective 200DMAs VIX = 19.5 Short-term Trading Call: cautiously bullish (downgrade from bullish – see below for more details) Commentary The trading contours in the aftermath of an oversold episode can move … Read more
AT40 = 31.6% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 49.5% of stocks are trading above their respective 200DMAs VIX = 19.1 Short-term Trading Call: bullish Commentary The S&P 500 (SPY) joined the NASDAQ and PowerShares QQQ ETF (QQQ) by closing above its 50-day moving average (DMA). The move … Read more
AT40 = 27.5% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 48.3% of stocks are trading above their respective 200DMAs VIX = 19.3 (drop of 22.9%) Short-term Trading Call: bullish PROLOGUE Valentine’s Day, February 14th, was a great day in the stock market and a fantastic validation of my strategizing … Read more
AT40 = 20.4% of stocks are trading above their respective 40-day moving averages (DMAs) (ends 3-day oversold period) AT200 = 44.8% of stocks are trading above their respective 200DMAs VIX = 25.0 (smallest range since February 1, 2018) Short-term Trading Call: bullish Commentary It was a reluctant push, but AT40 (T2108), the percentage of stocks … Read more