All the Reserve Bank of Australia Has Left Is Jawboning

(This is an excerpt from an article I originally published on Seeking Alpha on February 4, 2014. Click here to read the entire piece.) The Reserve Bank of Australia (RBA) made it official: the low interest rate cycle has reached a trough. In its latest Monetary Policy Decision on February 4th, the RBA concluded (emphasis … Read more

China PMI Fallout Takes Down Australian Dollar Even As Rate Expectations Stay Steady

(This is an excerpt from an article I originally published on Seeking Alpha on January 27, 2014. Click here to read the entire piece.) It looks like the rate implications of creeping inflation in Australia still outweigh disappointing job news and the latest China PMI reading. The market’s odds for a rate reduction dropped from … Read more

Q4 2013 Inflation Reading Removes Australia’s Scope For Lower Rates

(This is an excerpt from an article I originally published on Seeking Alpha on January 22, 2014. Click here to read the entire piece.) Remember last September when the Reserve Bank of Australia (RBA) somewhat mysteriously removed the following language from its statement on monetary policy?… “The Board also judged that the inflation outlook, as … Read more

T2108 Update (March 3, 2014) – A Quick End for 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 28, 2014) – Finally Overbought On Another Close Call – Volatility Has Not Yet “Conceded”

(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 27, 2014) – Close Call #3 – Tantalizingly Close to Overbought

(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 26, 2014) – Overbought Close Call #2 (Chart Reviews: BBRY, FSLR, EBAY, SBUX, TSLA, LNKD)

(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 24, 2014) – Another Tantalizing Trip Toward Overbought

(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 19, 2014) – Here We Go Again

(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

Another Investment Firm Tries to Nail the Bottom In Radio Shack

(This is an excerpt from an article I originally published on Seeking Alpha on January 24, 2014. Click here to read the entire piece.) On January 17, 2014, Litespeed Master Fund, Ltd. filed a Form SC 13G (statement of acquisition of beneficial ownership by individuals) with the SEC announcing a purchase of 8,080,695 shares in … Read more