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 6, 2015) – Goodbye Santa, Hello Volatility

(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

The Canadian Dollar Overshadowed by A Strong U.S. Jobs Report

(This is an excerpt from an article I originally published on Seeking Alpha on December 8, 2014. Click here to read the entire piece.) Canada experienced two extremely strong monthly jobs reports going into the report for November, 2014. Both positive reports were generally overlooked by currency markets. This time around, Canada’s job report did … Read more

The Bank of Canada Confirms A Potentially Important Turning Point

(This is an excerpt from an article I originally published on Seeking Alpha on December 4, 2014. Click here to read the entire piece.) The Bank of Canada once again left its overnight target interest rate at 1% in its latest monetary policy decision. An important change this time around came in the form of … Read more