T2108 Update (January 7, 2015) – A Bottoming Already Underway?!

(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 (January 5, 2015) – The Santa Claus Rally Gives Way to New Year Angst

(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

The Canadian Dollar And Oil: An Imperfect Partnership

(This is an excerpt from an article I originally published on Seeking Alpha on December 21, 2014. Click here to read the entire piece.) A year ago, the Canadian dollar (FXC) hit my then annual 1.08 target for the USD/CAD currency pair. I next contemplated setting a much more aggressive year-long target of 1.16. In … Read more

T2108 Update (December 16, 2014) – A Rush to Panic Out of Russia, A Major Reversal In the Oil Patch, And More Breakdowns for U.S. Stocks

(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 (December 15, 2014) – Volatility Drops Even After Major Market Breakdowns

(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 (November 10, 2014) – The Baton Firmly Returns to the Sellers

(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 (November 28, 2014) – A Potentially Bearish Retreat from Overbought Conditions As Commodities Swim A Sea Of Red

(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

Another Chocolate Scare – This Time Contrasting with Cocoa Price Action

(This is an excerpt from an article I originally published on Seeking Alpha on November 24, 2014. Click here to read the entire piece.) Nine months ago I wrote a piece describing the investment/trading opportunity in cocoa with a focus on iPath DJ-UBS Cocoa TR Sub-Idx ETN (NIB); iPath Pure Beta Cocoa ETN (CHOC) has … Read more

A Trader’s Perspective on Switzerland’s “Save Our Swiss Gold” Referendum

(This is an excerpt from an article I originally published on Seeking Alpha on November 17, 2014. Click here to read the entire piece.) The euro (FXE) versus the Swiss franc (FXF) currency pair has dropped steadily all year on its way to a rendezvous against the 1.20 floor: Since the end of the financial … Read more

T2108 Update (November 21, 2014) – Overbought for A Hot Minute With Breakout Charts Galore

(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