Above the 40 (August 3, 2017) – The S&P 500 Makes Another Bearish Divergence With A Fresh Twist

AT40 = 49.5% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 55.6% of stocks are trading above their respective 200DMAs VIX = 10.4 (volatility index) Short-term Trading Call: cautiously bullish Commentary Here we go again. Last week, the S&P 500 slipped but did not fall off the edge. In my … Read more

Above the 40 (February 17, 2017) – The S&P 500’s Stubborn Determination

AT40 Status: 64.5% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 Status: 70.0% of stocks are trading above their respective 200DMAs VIX Status: 11.5 (volatility index) Short-term Trading Call: neutral Commentary The S&P 500 (SPY) stumbled out the gate and struggled in slightly negative territory for much of the day. A … Read more

T2108 Update (January 30, 2017) – Disruption Junction Beckons S&P 500 Bears

(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 T2108, see my T2108 Resource Page. T2107 measures the percentage of stocks trading above their respective 200DMAs.) T2108 Status: 53.9% T2107 Status: 65.4% VIX … Read more

T2108 Update (November 1, 2016) – Divergences Confirmed: Stock Market Sags to the Edge of Oversold

(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 (October 28, 2016) – Divergences Weigh Further on the Stock Market

(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