T2108 Update (August 12, 2015) – Amplified Chop

(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

Trading Lessons from the Elections In Turkey

(This is an excerpt from an article I originally published on Seeking Alpha on June 14, 2015. Click here to read the entire piece.) Turkey held national elections on June 7th. The events were well-covered given Turkey’s central location amid a set of geopolitical hotspots and its (former) place as a fast-growing emerging market. Source: … Read more

T2108 Update (July 28, 2015) – An Important Stock Market Turnaround

(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 (July 24, 2015) – Bearish Signs Accumulate Just Above Oversold Conditions

(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 (July 16, 2015) – Another Completed Cycle of Fear

(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

Breakout Charts with Caveats: Google and Amazon.com

In previous posts, I have pointed to the charts of Google (GOOG) and Amazon.com (AMZN) as very bullish setups. Google has alternated between vindication and disappointment as a big breakout in March eventually gave way to a choppy slide below a declining 50-day moving average (DMA). Amazon.com (AMZN) has slowly boiled since earnings in late … Read more

T2108 Update (July 13, 2015) – A Market Springboard or Bookends?

(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 (July 10, 2015) – A Light Appears Behind the Pressure Cooker

(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

Apple Finally Flips To Oversold

Apple (AAPL) was stuck in a trading range for the past five months. For much of that trading range, AAPL neatly pivoted around its 50-day moving average (DMA). I noticed these combined behaviors starting around early May. I have written about them and traded them. Today, July 9th, AAPL finally dropped out of the trading … Read more

T2108 Update (July 8, 2015) – Dancing Around Oversold As China Flirts With Dysfunction

(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