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 April 27, 2012. Click here to read the entire piece.) Ahead of Apple’s (AAPL) earnings on Tuesday, April 24, I wrote the following {snip} I went on to demonstrate the strong relationship between Apple’s average price change two weeks ahead of … 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. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are posted on twitter using the #120trade hashtag) T2108 Status: 55% VIX Status: 16.2% … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on April 19, 2012. Click here to read the entire piece.) {snip}…selling in the stock is accelerating as Zynga wipes out all of its post-Facebook gains and retests its $10 IPO price. If Facebook is a $90B company, then Zynga’s 12% share … Read more
Last week, I pointed out how the currency pair of the British pound versus the Australian dollar (GBP/AUD) was setting up for a breakout. That breakout occurred two days later and continues at the time of writing following weak consumer price index data from Australia. I sold my latest round of GBP/AUD long as I … 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. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are posted on twitter using the #120trade hashtag) T2108 Status: 39% VIX Status: 17.4% … Read more