From Silicon Valley to Florida – Two Extremes In A Recovering Housing Market

(This is an excerpt from an article I originally published on Seeking Alpha on March 19, 2012. Click here to read the entire piece.) I still believe that a bottom is coming for housing in 2013. Some areas of the country, like the Silicon Valley area of Northern California, have already left a bottom far … Read more

Nassim Taleb Likes Euros And You Should Too

(This is an excerpt from an article I originally published on Seeking Alpha on March 19, 2012. Click here to read the entire piece.) In November, 2010, Nassim Taleb (Mr. Black Swan) broke a long-standing media blackout to talk on CNBC about his distress over quantitative easing Part two (QE2). At the time, Taleb concluded … Read more

T2108 Update – March 19, 2012 (Still Not Overbought)

{3/21 – changed title and link to fix incorrect date and naming format} (T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. 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

Chart Review: Time Running Out For Trading the Australian Dollar Against the British Pound?

The GBP/AUD currency pair – the British pound versus the Australian dollar – combined the best of two worlds for me: my bearishness on the British pound and my bullishness on the Australian dollar. Even though I ended my love affair with the Australian dollar almost two weeks ago, I continue to enjoy trading the … Read more

Famous Market Technician Gary Smith Uses T2108 Out of Context

I used to follow Gary Smith during the aftermath of the dot-com, tech bubble crash. I always thought of him as a master technician in the stock market. His pieces were only occasionally made available for free through the TheStreet.com and then, after a few years, he “vanished.” I believe he went off to do … Read more