Parabolic Moves in the Ruble, Turkish Lira May Foreshadow the Same for the Australian Dollar

(This is an excerpt from an article I originally published on Seeking Alpha on December 17, 2014. Click here to read the entire piece.) Currency markets have been rocked with increasingly extreme moves in risk-bearing currencies like the Russian ruble (USD/RUB). Last week, the Russian central bank hiked interest rates from 9.5% to 10.5%. This … Read more

T2108 Update (November 18, 2014) – Onward and Upward

(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 (November 13, 2014) – A Coiled Spring Or A Bearish Divergence

(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 (September 2, 2014) – Excitement Under the Calm

(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 (August 29, 2014) – A Surprisingly Strong August, Mixed Prospects for September, and A Critical Test for Twitter

(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