ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Stock Market Statistics AT40 = 60.6% of stocks are trading above their respective 40-day moving averages (DMAs) (ended 7 overbought trading days)AT200 = 42.7% of stocks are trading above their respective 200DMAs VIX = 22.5Short-term Trading Call: cautiously bearish Stock Market Commentary AT40 (T2108), the percentage of stocks trading above their respective 40-day moving averages … Read more
Stock Market Statistics AT40 = 53.8% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 33.5% of stocks are trading above their respective 200DMAs VIX = 25.8Short-term Trading Call: neutral Stock Market Commentary AT40 (T2108), the percentage of stocks trading above their respective 40-day moving averages (DMAs), barely budged all week … Read more
AT40 = 34.3% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 12.7% of stocks are trading above their respective 200DMAsVIX = 38.2Short-term Trading Call: cautiously bullish Stock Market Commentary Ever since the S&P 500 (SPY) bearishly broke down below its 50-day moving average (DMA) on February 24th, AT40 (T2108), the … Read more
AT40 = 3.8% of stocks are trading above their respective 40-day moving averages (DMAs) (23rd oversold day)AT200 = 5.0% of stocks are trading above their respective 200DMAs (new low for the oversold period)VIX = 65.5Short-term Trading Call: bullish Stock Market Commentary First a dose of hope: “Coronavirus treatment: Palo Alto woman recovers from coronavirus after … Read more
AT40 = 9.4% of stocks are trading above their respective 40-day moving averages (DMAs) (8th oversold day)AT200 = 23.2% of stocks are trading above their respective 200DMAsVIX = 41.9Short-term Trading Call: bullish Stock Market Commentary The Shake and Bake bottom barely held as support last week. It was a week of dramatic ups and downs … Read more