ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
AT40 = 35.3% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 57.6% of stocks are trading above their respective 200DMAs VIX = 12.8 (volatility index) Short-term Trading Call: bearish Commentary The sellers did their best to create follow-through selling to the previous day’s bearish breakdown. As has been the case … Read more
AT40 = 35.7% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 58.6% of stocks are trading above their respective 200DMAs VIX = 12.5 (volatility index) Short-term Trading Call: bearish Commentary The S&P 500 (SPY) finally flipped the switch on the bearish threshold I have described since the last bullish breakout … Read more
AT40 = 39.9% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 58.3% of stocks are trading above their respective 200DMAs VIX = 12.3 (volatility index) Short-term Trading Call: neutral Commentary From a technical perspective, my last “Above the 40” post made as detailed a case as I can make to … Read more
AT40 = 43.3% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 60.5% of stocks are trading above their respective 200DMAs VIX = 11.9 (volatility index) Short-term Trading Call: neutral Commentary Times like these really put AT40 (T2108), the percentage of stocks trading above their respective 40-day moving averages (DMAs), to … Read more
AT40 = 48.9% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 63.5% of stocks are trading above their respective 200DMAs VIX = 11.5 (volatility index) Short-term Trading Call: neutral Commentary Market weakness continued to grow today even as the major indices barely notched losses on the day. AT40 (T2108), the … Read more