ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Stock Market Statistics AT40 = 51.5% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 35.6% of stocks are trading above their respective 200DMAs VIX = 24.5Short-term Trading Call: neutral Stock Market Commentary Major League Baseball (MLB) may be forced to wind back down, but stocks look like they are winding … Read more
Stock Market Statistics AT40 = 53.9% of stocks are trading above their respective 40-day moving averages (DMAs) (2-month low)AT200 = 25.6% of stocks are trading above their respective 200DMAs VIX = 34.7Short-term Trading Call: neutral Stock Market Commentary The damage in the stock market the previous week looked strong enough to eventually take trading conditions … Read more
Stock Market Statistics AT40 = 74.1% of stocks are trading above their respective 40-day moving averages (DMAs) (first overbought day, 17 of last 19 trading days overbought)AT200 = 22.6% of stocks are trading above their respective 200DMAs VIX = 36.1 (down 11.5%)Short-term Trading Call: cautiously bullish Stock Market Commentary In the last Above the 40 … Read more
Stock Market Statistics AT40 = 64.9% of stocks are trading above their respective 40-day moving averages (DMAs) (ending 3-day overbought period)AT200 = 15.4% of stocks are trading above their respective 200DMAsVIX = 33.0Short-term Trading Call: neutral Stock Market Commentary Winners and losers are still becoming ever more distinct in the stock market, but today stock … Read more
AT40 = 19.7% of stocks are trading above their respective 40-day moving averages (DMAs) (oversold day #1)AT200 = 9.2% of stocks are trading above their respective 200DMAsVIX = 41.2Short-term Trading Call: cautiously bullish Stock Market Commentary It lasted just a day. The market’s historic oversold period lasted 31 days and ended with a flurry. This … Read more