ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page.) T2108 Status: 24%. VIX Status: 24.8 General (Short-term) Trading Call: Hold. Finalize list of bullish trades. Prepare to close most bearish positions. Commentary T2108 dropped from 33% to 24%. The S&P … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page.) T2108 Status: 33%. VIX Status: 23.7 General (Short-term) Trading Call: Hold. Commentary T2108 managed to nudge upward a bit after being at least as low as 29% when the S&P 500 … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page.) T2108 Status: 32%. VIX Status: 25.3 General (Short-term) Trading Call: Cover a few bearish positions. Continue identifying fresh bullish positions. Commentary T2108 barely changed although it was at least as low … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page.) T2108 Status: 33%. VIX Status: 24.0 General (Short-term) Trading Call: Hold. Continue identifying potential bullish positions. Start closing bearish positions on next market sell-off from current levels. Commentary T2108 dropped slightly … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page.) T2108 Status: 36%. VIX Status: 23.0 General (Short-term) Trading Call: Hold. Start identifying potential longs. Commentary Blink and you may have missed it. T2108 just went from invalidating my forecast of … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page.) T2108 Status: 58%. VIX Status: 20.2 General (Short-term) Trading Call: Hold. Commentary T2108 dropped slightly to 58%. The S&P 500 also dropped slightly with a 0.4% loss. Most interesting is the … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page.) T2108 Status: 61%. VIX Status: 19. General (Short-term) Trading Call: Hold. Commentary T2108 dropped from the margins of overbought territory to 61%. It was a slightly larger drop than I would … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page.) T2108 Status: 69%. VIX Status: 17.5. General (Short-term) Trading Call: Hold. Continue identifying new shorts. Commentary OK. Now the stock market is teasing and tantalizing us. T2108 closed at 69% for … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page.) T2108 Status: 69%. VIX Status: 17.6. General (Short-term) Trading Call: Hold. Start identifying new shorts. Commentary I am pretty surprised to see T2108 right back to the edge of overbought levels. … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page.) T2108 Status: 59%. VIX Status: 19.0. General (Short-term) Trading Call: Hold. Commentary T2108 inched closer to overbought territory moving from 56% to 59%. The S&P 500 closed flat. An unexciting day. … Read more