The Bank of England Confirms Its Preference for A Weak British Pound

The Bank of England (BoE) released its latest pronouncement on monetary policy on April 14, 2016. As has been the case for what feels like forever now, the BoE kept policy the same with Bank rate at 0.5%, and it maintained the stock of purchased assets at £375 billion. The BoE concluded that the outlook … Read more

T2108 Update (April 13, 2016) – Breakout from the Slippery Slope

(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 (April 12, 2016) – Challenging the Slippery Slope

(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 (April 11, 2016) – The S&P 500 On A Slippery Slope

(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 (April 7, 2016) – A Close Call for Overbought Status

(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