This Time SHOULD Be Different – Fade the Japanese Yen

(This is an excerpt from an article I originally published on Seeking Alpha on November, 2012. Click here to read the entire piece.) Japanese yen (FXY) traders have been here before. Earlier this year, the U.S. dollar (UUP) ripped from historic lows against the yen around 76 to a peak just above 84 in just … Read more

T2108 Update (November 19, 2012) – A Powermove Statement, Oversold No More!

(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

T2108 Update (November 16, 2012) – Oversold Bounce

(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

The Positive Trade When Incumbent Presidents Run For Re-Election Rarely Lasts

(This is an excerpt from an article I originally published on Seeking Alpha on November 17, 2012. Click here to read the entire piece.) In early, July I quantified the very unique tendency of the S&P 500 (SPY) to deliver strongly positive returns in the three months (between July-end and October-end) before a Presidential election … Read more

T2108 Update (November 15, 2012) – Another Oversold Day, VIX Remains Subdued

(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