ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
(This is an excerpt from an article I originally published on Seeking Alpha on September 23, 2012. Click here to read the entire piece.) Over a month ago, I claimed that First Solar (FSLR) is just a trading stock, meaning that sentiment would primarily drive the stock and both bears and bulls would find great … Read more
The stocks market’s slow action hides all sorts of dramatic action in individual stocks. For this chart review, I take a look at a range of performers. Google (GOOG) has broken out to fresh five-year highs. First Solar (FSLR) has more than doubled since its June lows. Baidu (BIDU) has sold off for over a … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 13, 2012. Click here to read the entire piece.) Since reporting earnings August, 1, First Solar (FSLR) has been on a tear. {snip} This trading action represents strong follow-through to the nascent bullish action I pointed out on June 19th: … Read more
(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: 39.6% VIX Status: 18.1 … Read more
(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: 52% VIX Status: 18.3 … Read more