ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
AT40 = 41.2% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 51.6% of stocks are trading above their respective 200DMAs VIX = 12.1 Short-term Trading Call: neutral Commentary The stock market is stretched yet again based on AT40 (T2108), the percentage of stocks trading above their respective 40-day moving averages … Read more
AT40 = 51.6% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 54.6% of stocks are trading above their respective 200DMAs VIX = 12.1 Short-term Trading Call: cautiously bullish Commentary I flipped cautiously bullish last week. As I suspected, the prospects for a bounce were not as good as the previous … Read more
AT40 = 48.0% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 53.1% of stocks are trading above their respective 200DMAs VIX = 14.9 Short-term Trading Call: cautiously bullish Commentary Almost a month ago, the stock market was in a similar technical position to the one it is in now. At … Read more
AT40 = 47.0% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 53.0% of stocks are trading above their respective 200DMAs VIX = 14.6 Short-term Trading Call: neutral Commentary I typically consider the market stretched to the downside when AT40 (T2108), the percentage of stocks trading above their respective 40-day moving … Read more
AT40 = 51.6% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 55.3% of stocks are trading above their respective 200DMAs VIX = 13.2 Short-term Trading Call: neutral Commentary The indicators barely changed from the last Above the 40 post, but the technical winds are likely changing yet again. A little … Read more
AT40 = 52.6% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 55.3% of stocks are trading above their respective 200DMAs VIX = 12.2 Short-term Trading Call: neutral Commentary The technical winds may be on the upswing. Last weekend, I pointed out how bearish divergence preceded and warned of the sell-off … Read more
AT40 = 49.3% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 53.7% of stocks are trading above their respective 200DMAs VIX = 13.0 Short-term Trading Call: neutral Commentary The S&P 500 (SPY) managed to gain on the week, but it was not easy. Each day of the week delivered new … Read more
AT40 = 57.6% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = N/A% of stocks are trading above their respective 200DMAs VIX = 12.9 Short-term Trading Call: neutral Commentary I remain fascinated by the S&P 500’s increasing resilience to worsening macro-economic headlines. The apparent boredom with the headlines about trade wars, … Read more
AT40 = 57.5% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 56.5% of stocks are trading above their respective 200DMAs VIX = 12.1 Short-term Trading Call: neutral Commentary In my last Above the 40 post, I expressed my lingering suspicion of the market’s rally and drive right past a bearish … Read more
AT40 = 58.4% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 56.3% of stocks are trading above their respective 200DMAs VIX = 12.2 Short-term Trading Call: neutral Commentary On Tuesday, July 10th, AT40 (T2108), the percentage of stocks trading above their respective 40-day moving averages (DMAs), rose as high as … Read more