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]. 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 posted on twitter using the #120trade hashtag) T2108 Status: 58.8% (first day of … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on July 24, 2012. Click here to read the entire piece.) The Australian dollar (FXA) continues to provide fascinating, and profitable, examples of its strong relationship with the S&P 500 (SPY). {snip} On July 23rd, another big sell-off day, the Australian dollar … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on July 8, 2012. Click here to read the entire piece.) I have written several articles now discussing the dynamics of the Australian dollar as well as its correlation with the S&P 500 (SPY). At the end of May, I wrote “Correlations … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on July 2, 2012. Click here to read the entire piece.) S&P Capital IQ’s Sam Stovall appeared on Nightly Business Report on Friday, June 29, 2012 to provide some statistics on how the stock market tends to perform in the second half … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on June 19, 2012. Click here to read the entire piece.) {snip} I was looking for confirmation of the increasingly bullish outlook, but I did not get it. In “Bearish Implications of A Rare Convergence of Extremes in Yen vs S&P 500 … Read more