ONE-TWENTY TWO: Trading Financial Markets
Since the year 2000, delivering a different narrative for students and fans of financial markets: stocks, options, currencies, Bitcoin, and 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
(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
One big headline on Tuesday, June 23rd featured Facebook (FB) racing past Walmart (WMT) in market capitalization for the first time ever. The following day, FB gained further ground on WMT as the two stocks continued to motor in opposite directions: FB has set new all-time highs two days in a row while WMT hovers … Read more