ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Stock Market Commentary The second quarter of the year ended with notable divergence. The third quarter picked up where the second quarter left off. Q3 took the Q2 baton of notable divergence, sending big cap stocks ever higher while leaving most of the market further behind. The jobs report seemed to be strong enough and … 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
Almost two weeks ago, I described some bullish setups on solar stocks. Here is a quick update on those setups and related trades. First Solar (FSLR) FSLR is a picture-perfect setup from 200-day moving average (DMA) support. I sold my call options into the rally that stalled a little on the shortened trading day on … Read more
November 16, 2015 was a strange trading day as U.S. stock markets rallied in the wake of the horrific terrorist attacks in Paris. There were really big moves in even some big cap stocks. The S&P 500 (SPY) reversed all of its losses on Friday and then some. This is the strong and supportive context … 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