T2108 Update (September 8, 2016) – The Stock Market Shows Off More Key Divergences

(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

Key Lessons from the Brazil ETF Trade

Back in October, 2009 When Brazil won the 2016 Summer Olympics, I heralded the news as an opportunity to invest in a country that promised to grow faster than the United States. The iShares MSCI Brazil Capped (EWZ) never quite matched its peak from 2008 but managed to ride the wave of a post-recession, commodity … Read more

An Important Correction to the Apple Trading Model

In early April, 2015, I simplified my Apple Trading Model (ATM). I examined the historical data to determine whether Apple’s (AAPL) open contained all the information needed to trade the stock on the day. I had an “ah ha” moment when I discovered that AAPL tended to trade in the same direction of its open. … Read more

T2108 Update (July 11, 2016) – Stocks On the EDGE of A Bullish Run

(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 Australian Dollar Remains Resilient Despite Soaring Odds for a Rate Cut

Global bond yields are falling like rocks, many investors are paying governments to hold their money, and odds are increasing for more monetary accommodation from the major economies in the likes of the United Kingdom, the eurozone, and Japan. In the U.S., expectations for a rate cut have essentially been moved off the table. So, … Read more

T2108 Update (June 28, 2016) – Brexit Relief Bounds from Oversold’s Edge

(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

How to Trade the Surprising Post-Brexit Strength of the Australian Dollar

As the smoke started to clear from Friday’s post-Brexit carnage, one currency rose particularly well from the ashes: the Australian dollar (FXA). For example, against the U.S. dollar, the Aussie bounced perfectly off support at its 200-day moving average (DMA) and even maintained its earlier 50DMA breakout. Source: FreeStockCharts.com AUD/USD traded around 0.76 around the … Read more

T2108 Update (June 14, 2016) – Volatility Soars Into Tests of Central Bank Resolve

(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 6, 2016) – An Overbought Market Testing An Important Post-Recession Downtrend

(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

Market Sentiment Marks A Fresh Bottom for Gold And A Sustainable Surge

(This is an excerpt from an article I originally published on Seeking Alpha on February 14, 2016. Click here to read the entire piece.) Google Trends continues to prove itself useful in assessing the potential for important turns in the direction of gold, specifically the SPDR Gold Shares (GLD). On November 29, 2015, I wrote … Read more