ONE-TWENTY TWO: Trading Financial Markets
Since the year 2000, delivering a different narrative for students and fans of financial markets: stocks, options, currencies, Bitcoin, and more…
AT40 = 48.1% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 54.9% of stocks are trading above their respective 200DMAs VIX = 11.3 Short-term Trading Call: cautiously bullish Commentary It was by the slimmest of margins, but the S&P 500 (SPY) finally ended a week with a loss. After 8 … Read more
AT40 = 52.9% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 55.9% of stocks are trading above their respective 200DMAs VIX = 9.1 (a new all-time low!) Short-term Trading Call: cautiously bullish Commentary A week ago, I complained that AT40 (T2108), the percentage of stocks trading above their 40-day moving … Read more
AT40 = 63.5% of stocks are trading above their respective 40-day moving averages (DMAs) – ended 12 straight days overbought AT200 = 58.8% of stocks are trading above their respective 200DMAs VIX = 11.1 Short-term Trading Call: cautiously bullish (downgrade from bullish) Commentary Just when I thought it was safe to stay bullish, the stock … Read more
AT40 = 67.2% of stocks are trading above their respective 40-day moving averages (DMAs) – ended 12 straight days overbought AT200 = 60.3% of stocks are trading above their respective 200DMAs VIX = 10.0 Short-term Trading Call: bullish Commentary On Monday, the S&P 500 (SPY) went into a bearish divergence with AT40 (T2108), the percentage … Read more
AT40 = 69.9% of stocks are trading above their respective 40-day moving averages (DMAs) – ended 12 straight days overbought AT200 = 59.7% of stocks are trading above their respective 200DMAs VIX = 9.9 Short-term Trading Call: bullish (see caveats below) Commentary AT40 (T2108), the percentage of stocks trading above their respective 40-day moving averages … Read more
AT40 = 72.0% of stocks are trading above their respective 40-day moving averages (DMAs) – overbought day #12 AT200 = 60.1% of stocks are trading above their respective 200DMAs VIX = 9.6 Short-term Trading Call: bullish Commentary A week ago I described “lift-off” for an extended overbought period for the stock market. However, the market … Read more
AT40 = 73.8% of stocks are trading above their respective 40-day moving averages (DMAs) – overbought day #7 AT200 = 59.7% of stocks are trading above their respective 200DMAs VIX = 9.7 Short-term Trading Call: bullish Commentary This is what a lift-off for an extended overbought rally looks like. The S&P 500 (SPY) followed its … Read more
AT40 = 71.3% of stocks are trading above their respective 40-day moving averages (DMAs) – overbought day #2 AT200 = 58.6% of stocks are trading above their respective 200DMAs VIX = 9.5 Short-term Trading Call: bullish Commentary It looks like an overbought rally is truly underway. AT40 (T2108), the percentage of stocks closing above their … Read more
AT40 = 70.1% of stocks are trading above their respective 40-day moving averages (DMAs) – first overbought day AT200 = 58.7% of stocks are trading above their respective 200DMAs VIX = 9.5 Short-term Trading Call: cautiously bullish (one more higher close away from bullish) Commentary It took 8 months for the stock market to hit … Read more
AT40 = 69.9% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 58.8% of stocks are trading above their respective 200DMAs VIX = 9.9 Short-term Trading Call: cautiously bullish Commentary This was one of those days where I have to assume some trading algorithm is having fun with technical indicators. AT40 … Read more