Inside The Machine: Path of Least Resistance is Lower
Inside The Machine With so many exchange-traded funds trading beneath the 200-day moving average, traders should be alert to the potential for taking the opposite side of any short term rally.
Inside the Machine: Oversold Markets Look to Fed for Direction
Quantified Trading Strategies with The Machine Almost lost in the news of a potential deal-breaking Greek referendum on a debt resolution was the two-day meeting of the FOMC, which concludes today.
Inside The Machine: Greek Referendum Provides Selling Catalyst
Quantified Trading Strategies with The Machine As the first wave of the “buy anything” surge subsides and renewed European anxieties send stocks lower, traders look for opportunities in the sell-off.
Financials Lead Dow to +300 Point Rally; Citi, Goldman Gain
Quantified Trading Strategies with The Machine Positive news from Europe put traders in almost hysterical buying mood heading into the final trading day of the week. Banks were among the biggest beneficiaries of the shift back in favor of risk.
An End to the Groundhog Day Stock Market?
Quantified Trading Strategies with The Machine Stock markets around the world were sharply higher overnight on news that a resolution to the European debt crisis had been reached. Does this mean that Europe’s shadow over the market will finally fade?
Sell-Off Eases Overbought Conditions Ahead of European Summit
Quantified Trading Strategies with The Machine With traders and investors focusing on the European Summit and a potential final resolution to the debt crisis, volatility has returned to the stock market.
Buyers Rout Sellers for a Third Day as Europe Anxieties Ease
Quantified Trading Strategies with The Machine How much longer can the rally go on? As buyers pile in to a very overbought stock market, the odds of a pullback grow.
Inside The Machine: Apple Starts Week in Oversold Territory
Quantified Trading Strategies with The Machine With stocks in overbought territory to start the trading week, the pullback in shares of Apple marks the stock as one of a number of potential opportunities for traders looking for upside edges.
Inside The Machine: European ETFs Retreat to Oversold Levels
Quantified Trading Strategies with The Machine As investors and traders await news on a resolution to the European debt crisis, ETFs representing many of the European nations continue to pullback toward oversold territory.
Inside The Machine: Fed’s Beige Book Sends Buyers to Sidelines
Quantified Trading Strategies with The Machine A late sell-off on Wednesday helped relieve overbought conditions in a variety of stocks and ETFs heading into the second half of the week.
Inside The Machine: U.S. Markets Remain Focused on European Debt Resolution Plans
Inside The Machine From Apple’s earnings miss to Intel’s positive profit report, the main driver of the market continues to be the likelihood (or not) of a resolution of the European debt crisis in the wake of Moody’s downgrade of Spain.
Inside The Machine: News-Driven Tape Provides Profit Opportunities
Inside The Machine Monday’s sell-off provided traders who had been short over the past several days to cover positions and take profits in a number of previously overbought markets.