T2108 Update (July 18, 2016) – Bullish Momentum Continues With A Wary Eye on 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

T2108 Update (July 12, 2016) – Despite Unbalance, GRAVITY Eases the Way for An Overbought S&P 500

(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 1, 2016) – Almost Like Nothing Happened: Trading Lessons from a Wild Week

(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 (June 27, 2016) – Brexit Helps Drive Stock Market Toward 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

The Gold Top Watch Continues With A Confirmation and A Caveat

Two days ago I defined and described the case for a blow-off top in SPDR Gold Shares (GLD). Speculators have provided a confirmation of a top, yet there is now a caveat based on GLD’s ability to comeback a bit on Friday (June 17th). After pulling back the reins for three weeks on net longs … Read more