ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
AT40 = 58.3% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 61.1% of stocks are trading above their respective 200DMAs VIX = 10.6 (volatility index) Short-term Trading Call: bullish Commentary At the end of April, I noted how the stock market headed into May trading with a mix of alerts. … Read more
AT40 = 67.2% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 65.1% of stocks are trading above their respective 200DMAs VIX = 10.8 (volatility index) Short-term Trading Call: bullish Commentary The French Fly continued apace as financial markets continued to celebrate. In my previous post, I failed to post a … Read more
AT40 = 61.0% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 63.0% of stocks are trading above their respective 200DMAs VIX = 10.8 (volatility index) Short-term Trading Call: bullish Commentary Going into the first round of the French Presidential election, I figured the best case scenario was the absence of … Read more
AT40 = 53.3% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 61.1% of stocks are trading above their respective 200DMAs VIX = 14.6 (volatility index) Short-term Trading Call: cautiously bullish) Commentary In the middle of last week, the S&P 500 (SPY) looked firmly locked in a state of stasis. The … Read more
AT40 = 47.2% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 60.1% of stocks are trading above their respective 200DMAs VIX = 14.9 (volatility index) Short-term Trading Call: cautiously bullish) Commentary The S&P 500 (SPY) ended last week on a sour note. The index hit its first 42 trading day … Read more
AT40 = 38.2% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 57.2% of stocks are trading above their respective 200DMAs VIX = 16.0 (volatility index) Short-term Trading Call: cautiously bullish (notable caveats explained below) Commentary The 50-day moving average (DMA) is no longer golden. It figures that on a day … Read more
AT40 = 54.8% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 64.8% of stocks are trading above their respective 200DMAs VIX = 15.1 (volatility index) Short-term Trading Call: cautiously bullish (notable caveats explained below) Commentary The stock market has become incrementally more dangerous, yet buyers and bulls continue to succeed … Read more
AT40 = 46.9% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 62.0% of stocks are trading above their respective 200DMAs VIX = 12.9 (volatility index) Short-term Trading Call: cautiously bullish (notable caveats explained below) Commentary The timetable for a May end to this period of extremely low volatility looks like … Read more
Nice Save Bears have taken numerous shots yet the bulls have consistently blocked them all. The S&P 500 (SPY) is barely off its all-time highs and has survived all number of setbacks. These setbacks seem to get more and more shallow. Monday, April 3rd, 2017 delivered another classic example. The morning began with very convincing … Read more
AT40 = 36.8% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 57.8% of stocks are trading above their respective 200DMAs VIX = 13.0 (volatility index) Short-term Trading Call: neutral Commentary Imagine that, the S&P 500 (SPY) found buyers to defend support at its 50-day moving average (DMA). The NASDAQ (QQQ) … Read more