T2108 Update – October 24, 2011 (Overbought)

(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 posted on twitter using the #120trade hashtag) T2108 Status: 77% (almost overbought) VIX … Read more

T2108 Update – October 21, 2011 (Trading Range No More: Breakout Follow-Through)

(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 posted on twitter using the #120trade hashtag) T2108 Status: 68% (almost overbought) VIX … Read more

T2108 Update – October 20, 2011 (Beware the Swiss Franc)

(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 posted on twitter using the #120trade hashtag) T2108 Status: 56% VIX Status: 35 … Read more

Solar Warnings Season Begins

This is an excerpt from an article I originally published on Seeking Alpha. Click here to read the entire piece.) Solar stocks have been in freefall since last peaking in the Spring. There was some lingering hope that demand would pick up in the fourth quarter as companies rushed to take advantage of fading subsidies, … Read more

Chart Review: Molycorp On Edge of Another Big (Downward?) Move

Rare earth producer Molycorp (MCP) appears to be on the edge of another big move. A Bollinger Band squeeze is again forming around the stock. A squeeze occurs as volatility decreases, and it typically leads to a burst of higher volatility in the form of a strong move up or down. The chart below uses … Read more