T2108 Update (July 26, 2013) – Still Not Overbought Yet

(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 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 … Read more

Amazon.com Returns to Typical Post-Earnings Behavior

(This is an excerpt from an article I originally published on Seeking Alpha on July 27, 2013. Click here to read the entire piece.) Amazon.com’s (AMZN) last three earnings cycles were quite challenging for the AMZN post-earnings trade. As a reminder, the AMZN post-earnings strategy is simply to buy the post-earnings open and hold for … Read more

Word from Lancaster, CA: This Recovery Is For Real

(This is an excerpt from an article I originally published on Seeking Alpha on July 25, 2013. Click here to read the entire piece.) Something special must be happening in Lancaster, California, a small town of 155,000 people about 70 miles north of Los Angeles. After finding a thriving land development project in Lancaster, American … Read more

T2108 Update (July 23, 2013) – Market Almost Overbought; A Quick Review of the Apple Earnings Play

(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 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 … Read more