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 = 46.3% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 51.9% of stocks are trading above their respective 200DMAs (8-month high) VIX = 32.5 Short-term Trading Call: cautiously bullish Stock Market Commentary The stock market looked like it was warming up from a period of cooling … Read more
Stock Market Statistics AT40 = 59.0% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 55.6% of stocks are trading above their respective 200DMAs (8-month high) VIX = 27.6 Short-term Trading Call: cautiously bullish Stock Market Commentary The stock market cooling continued all of last week. After a sharp one-day pullback … Read more
Stock Market Statistics AT40 = 56.5% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 53.1% of stocks are trading above their respective 200DMAs VIX = 27.4 Short-term Trading Call: cautiously bullish Stock Market Commentary The stock market made a bullish move last week as financials broke out, but I noted … Read more
Stock Market Statistics AT40 = 61.1% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 53.2% of stocks are trading above their respective 200DMAs VIX = 25.0 Short-term Trading Call: cautiously bullish Stock Market Commentary Without recognizing the bullish divergence that ended the previous week, last week’s trading dynamic of a … Read more
The stock market convincingly followed through on last week’s bullish divergence that indicated strengthening stock market breadth. At the time of the bullish divergence, AT40 (T2108), the percentage of stocks trading above their respective 40-day moving averages (DMAs), powered higher even as the S&P 500 (SPY) lost 1.0%. The index also suffered a 50DMA breakdown. … Read more