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…
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page.) T2108 Status: 74%, 5th overbought day. VIX Status: 16. General (Short-term) Trading Call: Continue closing bullish trades (longs), add to bearish trades on a close below 1333 on the S&P 500 … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page.) T2108 Status: 78% and overbought. VIX Status: 16. General (Short-term) Trading Call: Close “almost all” bullish trades (longs), accelerate bearish trades (shorts). Caveats noted below… Commentary T2108 hit 78% today for … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page.) T2108 Status: 70% and overbought. VIX Status: 16. General (Short-term) Trading Call: Close more bullish trades (longs), initiate new bearish trades (shorts). Commentary Today was a strange day. The S&P 500 … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page.) T2108 Status: 70% and overbought. VIX Status: 16. General (Short-term) Trading Call: Close more bullish trades (longs), initiate new bearish trades (shorts). Commentary The S&P 500 closed the week with a … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page.) T2108 Status: 60% and neutral. VIX Status: 17. General (Short-term) Trading Call: Hold. Sell a few more longs and start identifying potential shorts. Commentary The current 4-day rally exhibits the kind … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page.) T2108 Status: 47% and neutral. VIX Status: 17 (closed below last oversold period). General (Short-term) Trading Call: Hold. Commentary T2108 soared again, closing today at 47% and a high for June. … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page.) T2108 Status: 39% and neutral. VIX Status: 19. General (Short-term) Trading Call: Hold (or sell some positions to preserve some profit and/or maintain cash for buying into the next dip). Commentary … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page.) T2108 Status: 29% and neutral. VIX Status: 21. General (Short-term) Trading Call: Hold. Commentary When I finally decided to start generating posts dedicated to T2108, I thought I would produce a … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page.) T2108 Status: 29% and neutral. VIX Status: 19. General (Short-term) Trading Call: Hold. Commentary If you only looked at the final tally, you would miss 90% of the story in today’s … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page.) T2108 Status: 30% and neutral. VIX Status: 19; below last oversold period General (Short-term) Trading Call: Hold (or lock in some profits to allow you the comfort to continue holding remaining … Read more