T2108 Update (August 3, 2016) – Waiting On Bears to Follow-Through

(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 (August 2, 2016) – From Bearish Divergence to Breakdown

(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 (August 1, 2016) – A Widening Bearish Divergence As Overbought Conditions End 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

Housing Market Review – GDP Contrasts With Relatively Healthy Housing Data (July, 2016)

The last Housing Market Review covered data reported in June, 2016 for May. At the time, the iShares US Home Construction ETF (ITB) had just reversed all its post-Brexit losses along with a sharp rebound in global financial markets. I expressed concern that ITB finally reached a top for the current cycle. The ETF instead … Read more

Forex Critical: Up Is Down and Contrasts Confound

Last week was full of important news for forex trading. As a dollar bull, euro bear, and yen bear, the week presented particular challenges that hedging could only soothe a little bit. I had a good run with these positions in recent weeks. As forex goes, a setback was due – just too bad the … Read more