T2108 Update (March 6, 2015) – Follow-Through Selling On T2108’s Warning

(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 (February 6, 2015) – Almost Overbought…Again

(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 (March 7, 2014) – Overbought with Caution

(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

A Major Test Awaits the Australian Dollar In 2014 As 2013 Delivered New Correlations

(This is an excerpt from an article I originally published on Seeking Alpha on December 23, 2013. Click here to read the entire piece.) The Australian dollar (FXA) has finally retested the “W-bottom” from August of this year. So far the test seems successful as the Australian dollar has sharply bounced off the lows over … Read more

The British Pound And Euro Surge Despite Higher U.S. Rates

(This is an excerpt from an article I originally published on Seeking Alpha on December 30, 2013. Click here to read the entire piece.) On Friday, the U.S. 10-year Treasury bond yield hit 3.0%, matching a high for the year. Rate are rising again across the yield curve. Source: St. Louis Federal Reserve This steady … Read more