Australian Dollar’s Relief Rally Ends With the Latest RBA Meeting Minutes

(This is an excerpt from an article I originally published on Seeking Alpha on August 20, 2013. Click here to read the entire piece.) It was fun while it lasted. The anticipated relief rally in the Australian dollar (FXA) seems to have ended in parallel with the release of the meeting minutes from the last … Read more

T2108 Update (August 21, 2013) – Market On Edge; Further Discussion On Quasi-Oversold

(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 highly gap down 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 … Read more

T2108 Update (August 19, 2013) – S&P 500 Stretched Into A Breakdown And Still Quasi-Oversold; Apple Surges Into A Milestone

(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 highly gap down 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 … Read more

Market Trends Continue To Swirl Inconsistently Around Rising Rates

(This is an excerpt from an article I originally published on Seeking Alpha on August 19, 2013. Click here to read the entire piece.) The mixed signals from financial markets continue as interest rates continue to climb. In fact, the steady rise in rates is the main feature within a swirl of inconsistent patterns. The … Read more

Pound Continues to Push Higher As Carney Fails to Rein In Bond Market

(This is an excerpt from an article I originally published on Seeking Alpha on August 15, 2013. Click here to read the entire piece.) In last week’s Inflation Report, Bank of England governor Mark Carney tried his best to spin the good economic data in the United Kingdom as evidence that interest rates need to … Read more