ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
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
AT40 = 58.4% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 56.3% of stocks are trading above their respective 200DMAs VIX = 12.2 Short-term Trading Call: neutral Commentary On Tuesday, July 10th, AT40 (T2108), the percentage of stocks trading above their respective 40-day moving averages (DMAs), rose as high as … 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
(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 January 14, 2014. Click here to read the entire piece.) Right on the heels of proposing to acquire Riverbed Technologies (RVBD) for $19/share, Elliott Management made fresh waves with a plan to restructure Juniper Networks (JNPR). Elliott calculates that its proposal … Read more