ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
(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
(This is an excerpt from an article I originally published on Seeking Alpha on July 3, 2016. Click here to read the entire piece.) When I last wrote about the Teucrium Corn ETF (CORN), I announced I was finally selling my core position and moving to a new shorter-term trading orientation. My decision happened to … 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
On Wednesday, August 12, 2015, the U.S. Department of Agriculture (USDA) released its latest “World Agricultural Supply and Demand Estimates.” The news was treated as very bearish for corn. Teucrium Corn ETF (CORN) plunged immediately on the news. Source: FreeStockCharts.com The corn season’s first “survey-based corn yield forecast” came in higher than the trend-based forecast … Read more
Teucrium Corn ETF (CORN) soared on the day by 4.0% as commodities rallied across the board. The rally took CORN into its 50-day moving average (DMA) and an opportunity to take a profit on my trial run on short-term trades around my core CORN position. (I announced the buy here). Source: FreeStockCharts.com This first buy … Read more