ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
AT40 = 55.9% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 60.6% of stocks are trading above their respective 200DMAs VIX = 14.8 Short-term Trading Call: bullish Commentary Last Friday, the S&P 500 (SPY) rolled over a volatile dollar on its way to another all-time high. The volatility index, the … Read more
AT40 = 67.0% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 65.2% of stocks are trading above their respective 200DMAs (a TEN MONTH HIGH) VIX = 11.1 Short-term Trading Call: bullish Commentary Once again the stock market was only able to maintain overbought trading conditions for 1 day. At the … Read more
AT40 = 70.5% of stocks are trading above their respective 40-day moving averages (DMAs) – Day #1 of an overbought period AT200 = 66.0% of stocks are trading above their respective 200DMAs (a TEN MONTH HIGH) VIX = 11.1 Short-term Trading Call: bullish Commentary The S&P 500 (SPY) made another all-time high as it continued … Read more
AT40 = 66.3% of stocks are trading above their respective 40-day moving averages (DMAs) – Day #1 of an overbought period AT200 = 63.6% of stocks are trading above their respective 200DMAs VIX = 11.9 Short-term Trading Call: bullish Commentary When traders closed up shop on Friday, I am guessing they assumed, as I did, … Read more
AT40 = 64.0% of stocks are trading above their respective 40-day moving averages (DMAs) – ended a 1-day overbought period AT200 = 62.7% of stocks are trading above their respective 200DMAs VIX = 11.7 Short-term Trading Call: bullish Commentary It figures that just one day after the stock market finally crossed into overbought territory, it … Read more