ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
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 = 3.0% of stocks are trading above their respective 40-day moving averages (DMAs) (13th oversold day)AT200 = 6.5% of stocks are trading above their respective 200DMAsVIX = 57.8 (down 23.4%)Short-term Trading Call: bullish Stock Market Commentary The stock market experienced another historic day as the bear market takes on more twists and turns. The … Read more
AT40 = 63.5% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 60.3% of stocks are trading above their respective 200DMAsVIX = 14.0Short-term Trading Call: neutral Stock Market Commentary The stock market started the new decade with wild swings. After starting the first trading day of the decade with a 0.8% gain … Read more
AT40 = 65.7% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 59.8% of stocks are trading above their respective 200DMAs (just under high for 2019 of 60.2%)VIX = 12.5Short-term Trading Call: neutral Stock Market Commentary The bearish divergence finally ended between a range-bound AT40 (T2108) and an S&P 500 (SPY) steadily … Read more
AT40 = 58.7% of stocks are trading above their respective 40-day moving averages (DMAs)AT200 = 55.4% of stocks are trading above their respective 200DMAsVIX = 11.9Short-term Trading Call: neutral Stock Market Commentary If “cautiously neutral” made sense, I would make that description my short-term trading call. Last week’s trading action motivated me to observe that … Read more