ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
AT40 = 54.6% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 56.5% of stocks are trading above their respective 200DMAs VIX = 11.2 (10.8% drop) (volatility index) Short-term Trading Call: neutral Commentary Source: Giphy There are all sorts of nicknames possible for a churning market. In this edition of “Above … Read more
AT40 = 48.1% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 55.4% of stocks are trading above their respective 200DMAs VIX = 12.5 (volatility index) Short-term Trading Call: neutral Commentary Diabolically, the stock market has put my head on the proverbial swivel. I earlier noted how the NASDAQ in particular … Read more
AT40 = 65.0% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 60.5% of stocks are trading above their respective 200DMAs VIX = 11.3 (volatility index) Short-term Trading Call: cautiously bullish Commentary During the big June 9th swoon in tech stocks, I was surprised to observe how well the stock market … Read more
AT40 = 57.2% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 57.6% of stocks are trading above their respective 200DMAs VIX = 11.2 (volatility index) Short-term Trading Call: cautiously bullish Commentary The cats were particularly frenetic in the last week of trading for the second quarter of 2017. The major … Read more
AT40 = 60.4% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 58.8% of stocks are trading above their respective 200DMAs VIX = 10.0 (volatility index) Short-term Trading Call: cautiously bullish Commentary Just yesterday, (big cap) tech stocks looked like they were in trouble all over again. Just as suddenly as … Read more