ERY Archives - ONE-TWENTY TWO: Trading Financial Markets

T2108 Update (January 28, 2016) – Full Bull While Peering Over the Edge of An Extended Oversold Period

January 28, 2016 by Dr. Duru

(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 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 are … Read more

Doubling Down on the United States Oil ETF While Oil-Related Names Gain A Reprieve from Calamity

December 25, 2015 by Dr. Duru

The trade on a rangebound United States Oil (USO) is now failing (see “The Commodities Crash Accelerates: Scenarios for Trading Oil” for a description). Oil has continued its collapse past the historic 2009 lows and has helped to drive USO to fresh all-time lows. Source: US. Energy Information Administration, Crude Oil Prices: West Texas Intermediate … Read more

OPEC Slams the Oil Patch – A Quick Look At the Reverberations

December 8, 2015 by Dr. Duru

On Friday, December 4, 2015, the Organization of the Petroleum Exporting Countries (OPEC) slammed the oil patch by adjourning without an agreement to put a cap on production. This quote from a Bloomberg article probably sums up the implications best: “‘It means more OPEC oil next year,’ Jamie Webster, a Washington-based oil analyst for IHS … Read more

T2108 Update (March 26, 2015) – S&P 500 Reverses Post-Fed Gains – Waiting On Oil and Gold to Follow

March 27, 2015 by Dr. Duru

T2108 Update (March 10, 2015) – Selling Intensifies With A Rush From Tech And A Parabolic Dollar

March 10, 2015March 11, 2015 by Dr. Duru

A Reduction in the Speculative Sparkle for the Oil Trades

February 9, 2015 by Dr. Duru

I am extending a hat tip to a friend who sent the following Seeking Alpha news alert on what must be the most bearish prediction on oil out there from a major analyst…. “The recent surge in oil prices is just a ‘head fake’ and West Texas crude as cheap as $20/bbl may soon be … Read more

T2108 Update (February 5, 2015) – A Continued Surge Toward Overbought Conditions

February 5, 2015February 6, 2015 by Dr. Duru

T2108 Update (February 3, 2015) – A Sudden Surge Toward Overbought Conditions

February 3, 2015February 3, 2015 by Dr. Duru

The Commodity Crash Playbook: A Long Overdue Rewrite and Revision

January 10, 2015 by Dr. Duru

(This is an excerpt from an article I originally published on Seeking Alpha on January 5, 2015. Click here to read the entire piece.) Three and a half years ago, I started a series that I called “the Commodities Crash Playbook” in an effort to take advantage of an investing and economic theory promoted by … Read more

T2108 Update (January 5, 2015) – The Santa Claus Rally Gives Way to New Year Angst

January 6, 2015January 6, 2015 by Dr. Duru