T2108 Update (September 17, 2015) – The Fed Helps Bring the Market Closer to A Major Breakout

(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

There Goes the Rio Tinto “Exit Strategy”

(This is an excerpt from an article I originally published on Seeking Alpha on September 8, 2015. Click here to read the entire piece.) Under pressure from investors, Glenore Plc (GLNCY), the world’s largest corporate player in the commodities market, recently announced a plan to slash as much as $10.2B in debt by offering additional … Read more

T2108 Update (September 3, 2015) – Stock Market Trades to the Edge of A Breakthrough

(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

SPDR Gold Shares Closes A Gap As the Fed Maintains Its Churn On Rate Hikes

(This is an excerpt from an article I originally published on Seeking Alpha on August 20, 2015. Click here to read the entire piece.) The U.S. Federal Reserve released its minutes from its July 28 to 29, 2015 meeting. It was pretty much the same back and forth on monetary policy and the U.S. and … Read more

A Better Looking Bottom for Coal Stocks With the Help of George Soros

Coal is a dying source of energy. It has left a trail of tears in the stock market. Communities reliant on coal have been long-suffering. So I was quite surprised to read that George Soros bought back into coal stocks from April to June, 2015. This is the same man who once called coal a … Read more