Linn Energy Helps Sink Memorial Production Partners As Earnings Approach

It was an awful week for oil-related plays as oil’s price continued to drop and one energy company after another, including the titans Exxon(XOM) and Chevron (CVX), failed to provide investors much in the way of reassurance. This calamity was quite a contrast to the much higher optimism from earnings just three months ago. The … Read more

T2108 Update (February 10, 2015) – The S&P 500 Trades Back to the Top of Its Chopping Range

(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

A Reduction in the Speculative Sparkle for the Oil Trades

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

(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

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

(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

T2108 Update (December 16, 2014) – A Rush to Panic Out of Russia, A Major Reversal In the Oil Patch, And More Breakdowns for U.S. Stocks

(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