T2108 Update (August 28, 2015) – The Stock Market Remains Oversold, But It’s Almost Like Nothing Happened

(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 (August 27, 2015) – The Volatility Index Hits A New Milestone On Follow-Through Stock Buying

(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 (August 26, 2015) – The VIX Remains Rangebound As Stock Buyers Finally Close Strongly

(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 Blow-Off Top for the U.S. Dollar Versus the Turkish Lira

Did the misery for the Turkish lira (USD/TRY) just reach a climactic end? The Turkish lira quickly lost favor in the wake of more political turmoil in Turkey. Most of the losses actually occurred right before midnight (Eastern U.S. time) and within minutes. This delayed but sharp reaction made the move look highly suspect. The … Read more

T2108 Update (August 20, 2015) – A Broad and Bearish Breakdown for 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