ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
AT40 = 33.8% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 11.3% of stocks are trading above their respective 200DMAsVIX = 42.0Short-term Trading Call: cautiously bullish Stock Market Commentary Crash culture started this week with an astonishing collapse in oil prices. The stock market held on admirably, especially tech stocks. … Read more
AT40 = 21.5% of stocks are trading above their respective 40-day moving averages (DMAs) (2nd day outside oversold conditions)AT200 = 10.1% of stocks are trading above their respective 200DMAsVIX = 40.8Short-term Trading Call: cautiously bullish Stock Market Commentary “Swift and sweeping fiscal and monetary policy responses from U.S. officials will ultimately support stock prices from … Read more
AT40 = 4.6% of stocks are trading above their respective 40-day moving averages (DMAs) (28th oversold day)AT200 = 5.1% of stocks are trading above their respective 200DMAs (new low for the oversold period)VIX = 46.8Short-term Trading Call: cautiously bullish Stock Market Commentary First, another dose of hope and a light reminder of the seriousness of … Read more
AT40 = 69.6% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 56.3% of stocks are trading above their respective 200DMAs (13-month high)VIX = 15.3Short-term Trading Call: neutral Stock Market Commentary A Broken Record Last week had some big moments. Looking back, the week looks like a broken record. The Federal Reserve … Read more
Over four months ago, I wrote about my nascent experience with cutting the cord, aka dumping my cable subscription in “Saving Money On Cable – Inside the Experience of A Cord-Cutter“. I have learned a LOT since then. I can now refine my recommendations with this summary of my experience and learnings. Cutting the cord … 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
On October 13, 2015, Eros International, Plc (EROS), a major distributor and producer of Indian entertainment, held its inaugural Investor Day. The stock has been plunging ever since. Source: FreeStockCharts.com I have been tracking this stock ever more closely since the first big drop. I enjoy Bollywood flicks, Bhangra, and Indian pop music, so I … Read more
It was early August, 2015 and Disney (DIS) had just created a ruckus by addressing “cord-cutting” and admitting softer than expected results at ESPN. Cord-cutting is the practice of cancelling subscription or pay-tv services like cable TV in favor of cheaper alternatives (including not watching TV at all). There is also growing interest in “never … Read more
Almost a month before the latest earnings cycle, I chronicled the ascendancy of Facebook (FB) to the top valuation spot among the internet stocks I follow. Twitter (TWTR) lost the top spot thanks to a large post-earnings sell-off in April. Fast forward to the latest earnings cycle and internet-companies delivered even more disruptions. Rising above … 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