T2108 Update (July 28, 2015) – An Important Stock Market Turnaround

(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 (May 21, 2015) – Finally, Something Different Even As Volatility Hits New 2015 Low

(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

Global Markets Synchronize Into A State of Calm That Does NOT Equate to Safety

(This is an excerpt from an article I originally published on Seeking Alpha on February 19, 2012. Click here to read the entire piece.) {snip} Nassim Taleb has been on a tour promoting his new book “Antifragile: Things That Gain from Disorder.” He provides related links and interviews on his Antifragile web site where he … Read more

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

Reckless Endangerment: Financial Risks Are Even Bigger Now

Gretchen Morgenson and Josh Rosner wrote Reckless Endangerment: How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon to describe how the recovery from the financial panic and recession have resolved little and have left the economy at tremendous risk for an even larger crisis. Aaron Task interviews the authors on Yahoo! Finance’s Daily Ticker. … Read more

SEC Makes Up for Lost Time By Going for Maximum Impact on Goldman Sachs Fraud Charge

The news has rippled across the globe that the U.S. Securities Exchange Commission (SEC) finally got around to charging Goldman Sachs with fraud: “The SEC alleges that Goldman Sachs structured and marketed a synthetic collateralized debt obligation (CDO) that hinged on the performance of subprime residential mortgage-backed securities (RMBS). Goldman Sachs failed to disclose to … Read more

links for 2010-02-02

Amazon's Self-Defeating War on Publishers | The Big Money Amazon, perhaps panicked by the degree of old-media collusion with its Cupertino rival, Amazon shut down the sales of all Macmillan titles–electronic and physical–on Friday. How that blatant act of bullying will advance Amazon’s agenda remains difficult to see. The lost sales will be significant for … Read more