T2108 Update (July 27, 2012) – An Overbought Breakout And Signs Of A Sustained Rally

(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: 73.9% (first day of … Read more

By Closing Above Its “QE2 Reference Price”, Dollar Increases Pressure On Fed

(This is an excerpt from an article I originally published on Seeking Alpha on July 26, 2012. Click here to read the entire piece.) I did not think it would happen, but the dollar index finally closed above its “QE2 reference price.” {snip} I have contended that if the dollar index reached current levels, the … Read more

Planning to Accumulate Cognizant Technology Even As It Fights To Hold 2-Year Lows

(This is an excerpt from an article I originally published on Seeking Alpha on July 25, 2012. Click here to read the entire piece.) Cognizant Technology (CTSH) has been one of those rare stocks over the decade that investors could just buy and hold. So when CTSH lost a nasty 19% on May 7th after … Read more

T2108 Update (July 26, 2012) – A Bounce….Again

(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: 62.5% VIX Status: 17.5 … Read more

T2108 Update (July 24, 2012) – Another Uptrend Breaks

(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: 50.9% VIX Status: 20.5 … Read more