ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
AT40 = 59.3% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 53.9% of stocks are trading above their respective 200DMAsVIX = 13.1Short-term Trading Call: neutral Stock Market Commentary A Sufficient Resolution Seems about right. Just as I switch from a (cautiously) bearish stance to neutral, the stock market throws more definitively … Read more
AT40 = 65.3% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 53.0% of stocks are trading above their respective 200DMAsVIX = 12.0Short-term Trading Call: bearish (caveats below!) Stock Market Commentary A security guard slipped and clipped the heels of Tiger Woods at the Masters this weekend. The tripping of Woods was … Read more
AT40 = 16.3% of stocks are trading above their respective 40-day moving averages (DMAs) – 3rd day of oversold period following 4-day oversold period AT200 = 33.6% of stocks are trading above their respective 200DMAs VIX = 19.9 Short-term Trading Call: bullish Commentary Friday was a day with a head-spinning mix of reassuring and ominous … Read more
AT40 = 11.2% of stocks are trading above their respective 40-day moving averages (DMAs) (oversold day #2) AT200 = 31.7% of stocks are trading above their respective 200DMAs () VIX = 23.0 (an increase of 44.0%) Short-term Trading Call: bullish Commentary The market sell-off is unfolding quickly. AT40 (T2108), the percentage of stocks trading above … Read more
AT40 Status: 64.5% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 Status: 70.0% of stocks are trading above their respective 200DMAs VIX Status: 11.5 (volatility index) Short-term Trading Call: neutral Commentary The S&P 500 (SPY) stumbled out the gate and struggled in slightly negative territory for much of the day. A … Read more