ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Thank you One-Twenty Two followers for your patience as I worked to get my site up and running again. My previous web hosting vendor (Kionic) apparently had a major meltdown. They were quite unresponsive and opaque about what happened earlier in the week when their servers crashed, and they never did restore my site to … 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 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 … 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 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 … 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 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 … Read more
Baidu (BIDU) is a Chinese internet company specializing in search, and it has a huge fan base. Unfortunately, the stock peaked in July, 2011 and has been on a roller coaster ride downward ever since. The long-term, weekly chart below shows how the 50-week moving average has defined the overall downtrend. The longer-term 200-week moving … Read more