ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
(This is an excerpt from an article I originally published on Seeking Alpha on December 12, 2013. Click here to read the entire piece.) Last Thursday (December 12, 2013), U.S. initial jobless claims came in at 368,000. This number was above “expectations” and above the on-going declining trend in the 4-week moving average. {snip} Source: … 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
(This is an excerpt from an article I originally published on Seeking Alpha on November 27, 2013. Click here to read the entire piece.) Black Friday in the U.S. is the day after Thanksgiving when shoppers descend upon stores scrambling to find bargains for Christmas gifts. For some reason, the stock market also opens for … 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
(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
(This is an excerpt from an article I originally published on Seeking Alpha on September 9, 2013. Click here to read the entire piece.) Last week was supposed to be a dramatic week with a whole host of pronouncements from the world’s major central banks, the aftermath of the Jackson Hole confab, and major economic … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on September 2, 2013. Click here to read the entire piece.) The summer of 2013 delivered a flat performance for the S&P 500 (SPY). The S&P 500 closed at 1,630.74 on May 31st. The 1,632.97 close on August 29th ended the summer … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on May 16, 2013. Click here to read the entire piece.) On Wednesday, May 15, the venerable Art Cashin on CNBC offered his observations on the strange consistency in the Tuesday trade since the S&P 500 (SPY) printed its low in 2012. … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on July 29, 2013. Click here to read the entire piece.) {snip} When King uttered these words in his final Inflation Report as Governor of the Bank of England (BoE), there was no sudden surge in interest rates or sell-offs in financial … 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 highly gap down 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 … Read more