Above the 40 (August 17, 2017) – The S&P 500 Leads A Sharp Market Rejection

AT40 = 31.8% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 46.2% of stocks are trading above their respective 200DMAs VIX = 15.6 (32.5% increase) Short-term Trading Call: neutral Commentary Looks like I was over-optimistic to switch my short-term trading call from neutral to bullish. Now I am right back … Read more

Above the 40 (August 15, 2017) – The Retail Wreck Runs Over Strong Data

AT40 = 39.5% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 50.4% of stocks are trading above their respective 200DMAs VIX = 12.0 Short-term Trading Call: bullish Commentary Urban Outfitters (URBN) notwithstanding with its 19.5% after hours surge, Tuesday, August 15, 2017 was a signature day for the weakness engulfing … Read more

T2108 Update (November 17, 2015) – The S&P 500 Fails A Key Test

(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