T2108 Update – December 2, 2011 (Europhoria – without the euro)

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. 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 posted on twitter using the #120trade hashtag) T2108 Status: 62% VIX Status: 28 … Read more

T2108 Update – November 30, 2011 (Very Impressive Follow-Through Despite More Red Flags)

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. 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 posted on twitter using the #120trade hashtag) T2108 Status: 65% VIX Status: 28 … Read more

Chart Review: the Brazil Index Fund (EWZ) Triggers the 20% Rule Again

This post is a very belated acknowledgement that EWZ (iShares MSCI Brazil Index Fund ETF) triggered the 20% rule again. As a reminder, (with a few exceptions) I have been buying EWZ whenever it trades 20% of its recent highs. For example, this rule triggered a purchase in early August; see “Commodities Crash’ Triggers First … Read more

T2108 Update – November 28, 2011 (Close Call)

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. 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 posted on twitter using the #120trade hashtag) T2108 Status: 33% VIX Status: 32 … Read more

Trading Implications of Intel’s Recent Outperformance

This is an excerpt from an article I originally published on Seeking Alpha on November 27, 2011. Click here to read the entire piece.) So much for putting recession fears in the rearview mirror. On October 28, I pointed to 3-year highs for Intel (INTC) as another bullish indicator among many (see “A Very Bullish … Read more

T2108 Update – November 23, 2011 (Almost Oversold and Even More Bearish)

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. 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 posted on twitter using the #120trade hashtag) T2108 Status: 25% VIX Status: 34 … Read more

Chart Review: British Pound Headed for Major Lows Versus the U.S. Dollar

The British pound continues to validate my bearish outlook on the currency. The recent break below the 50-day moving average (DMA) continues to generate lower prices versus the U.S. dollar. A fourth retest looms of support that has held for over a year. I am doubtful it will hold up yet again given the last … Read more

T2108 Update – November 22, 2011

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. 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 posted on twitter using the #120trade hashtag) T2108 Status: 35% VIX Status: 32 … Read more

T2108 Update – November 21, 2011 (Decisive Plunge)

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. 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 posted on twitter using the #120trade hashtag) T2108 Status: 39% VIX Status: 33 … Read more

T2108 Update – November 18, 2011 (Tenuous Hold On Support)

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. 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 posted on twitter using the #120trade hashtag) T2108 Status: 58% VIX Status: 32 … Read more