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…
AT40 = 61.8% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 43.0% of stocks are trading above their respective 200DMAsVIX = 12.9 (5-month low)Short-term Trading Call: bearish Stock Market Commentary The stock market’s scramble for support worked last week as buyers and bulls put the bears on notice. However, the rally … Read more
AT40 = 80.0% of stocks are trading above their respective 40-day moving averages (DMAs) (23rd overbought day)AT200 = 45.5% of stocks are trading above their respective 200DMAsVIX = 14.7Short-term Trading Call: neutral Stock Market Commentary And still the waiting game rolls along. News on the US-China trade front generated some excitement to start the week, … Read more
AT40 = 85.7% of stocks are trading above their respective 40-day moving averages (DMAs) (20th overbought day)AT200 = 47.3% of stocks are trading above their respective 200DMAs (4-month high which reverses the October, 2018 breakdown)VIX = 13.5Short-term Trading Call: neutral Stock Market Commentary The waiting game continues within a bullish cloak. An extended overbought rally … Read more
AT40 = 20.4% of stocks are trading above their respective 40-day moving averages (DMAs) (ended 13 days in oversold territory)AT200 = 14.9% of stocks are trading above their respective 200DMAsVIX = 21.4Short-term Trading Call: bullish (with caveats all over again) Commentary All oversold periods must end – it is just a matter of how and … Read more
AT40 = 19.7% of stocks are trading above their respective 40-day moving averages (DMAs) (1st day oversold)AT200 = 20.7% of stocks are trading above their respective 200DMAs (34-month low)VIX = 21.6Short-term Trading Call: cautiously bullish CommentaryThe stock market is oversold again as a bearish divergence to start the week came to its “logical conclusion.” AT40 (T2108), … Read more
AT40 = 25.5% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 23.4% of stocks are trading above their respective 200DMAs (just off a 32-month low)VIX = 23.2 (as high as 24.7)Short-term Trading Call: cautiously bullish CommentaryI am surprised the stock market has yet to close in oversold conditions. AT40 (T2108), the … Read more
AT40 = 27.6% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 25.6% of stocks are trading above their respective 200DMAs (just above a 32-month low) VIX = 21.5 Short-term Trading Call: neutral Commentary Last week on November 20th, AT40 (T2108), the percentage of stocks trading above their respective 40-day moving … Read more
AT40 = 35.5% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 31.6% of stocks are trading above their respective 200DMAs VIX = 20.5 Short-term Trading Call: neutral Commentary via GIPHY The bears took back complete control of the market. Friday, they sent up the warning signal with the screeching of … Read more
Toys R Us refuses to die. The hedge funds that own the debt of the bankrupt toy retailer decided to cancel an auction of assets and instead plan to revive the brand and even open new retail outlets. The prospects of another Toys R Us revival could become symbolic: the timing coincided with what looks … Read more
AT40 = 60.5% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 58.2% of stocks are trading above their respective 200DMAs VIX = 12.0 Short-term Trading Call: neutral Commentary Last week the stock market made history by delivering the longest bull market in history. Tonight on Nightly Business Report, markets are … Read more