T2108 Update (March 28, 2013) – Finally A New All-Time High (But Where’s the Champagne?)

(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 highly 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 … Read more

Chart Review: BlackBerry, Fossil, Amazon.com, Devry, CSX, Coach, Capital One Financial, Apple

For this chartfest, I do not have time to provide extensive commentary. So, this is mostly a visual presentation of the charts with some labels or notes to point your attention to what I think is most interesting from a trading perspective. Feel free to post questions if anything is not clear. Enjoy…! I have … Read more

Chart Review: Autozone on the Edge of a Breakout

Autozone (AZO) was a banner stock coming out of the 2001 recession. In 2001 alone, AZO logged a 152% gain. Over the next six years, AZO gained another 67%. During the financial panic in 2008, AZO plunged but did not even come close to erasing all those hard-fought gains. In 2009, the stock barely paused … Read more

With A Rate Decision Looming, Weakening Australian Dollar Sends Poor Signal for Stocks

This is an excerpt from an article I originally published on Seeking Alpha on February 1, 2013. Click here to read the entire piece.) While all eyes are trained on U.S. economic data this week, Australians are looking ahead to Monday, February 4th when the Reserve Bank of Australia (RBA) makes its next statement on … Read more

T2108 Update (January 10, 2013) – Triple Top Almost Cleared On Seventh Overbought Day

(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 highly 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 … Read more