T2108 Update (August 1, 2014) – Oversold In Spirit

(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 (July 22, 2014) – S&P 500 Presses Against All-Time Highs And Bottoming Volatility (Includes Chart Reviews And Addendum for Apple Pre-Earnings Trade)

(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

The Apple Pre-Earnings Trade: July, 2014 Edition

It is earnings time for Apple (AAPL). Expectations are undoubtedly high after April’s huge post-earnings surge – the 8.2% one-day gain is, since 2007, second only to the 8.9% gain in April, 2012. The subsequent run-up certainly has me thinking AAPL has confirmed my expectations for eventual all-time highs. It is now time to temper … Read more

T2108 Update (July 7, 2014) – Overbought Conditions End As Momentum Recovery Loses Fuel

(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 (June 30, 2014) – Trade Review Focus: KING, GPRO, BBY, ISRG, INTC, AAPL

(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 (June 27, 2014) – Back to Overbought and Technical Cases for Fresh Run-Ups for Apple and Tesla

(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 (June 23, 2014) – Running In Place

(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

A Trading Check-In for Apple’s First Post-Split Week

Apple (AAPL) finished its first post-split week in disappointing fashion. Sure a sell on the news reaction should have been expected, but the strong trade going into the split, right through the Worldwide Developers Conference (WWDC), produced some hope AAPL could hold its own. Apple even entered the week featuring a dramatic shift in trading … Read more

A Dramatic Change in Sentiment for Apple

Just ahead of the start of the Apple Worldwide Developers Conference (WWDC), I wrote that I was preparing for a change in Apple’s trading patterns that would impact the Apple Trading Model (ATM). My main interest was in the coming 7-to-1 stock split and the potential for retail traders leaving options alone to trade directly … Read more

Apple Trading Model – Preparing for A Potential Change In Trading Patterns

Trading in Apple is likely to make a notable change in the coming weeks and months. The Apple Worldwide Developers Conference (WWDC) begins June 2nd. According to my analysis of trading around the WWDC since 2000, traders treat this event as a “buy the rumor, sell the news” kind of event (see “Buy The Rumor, … Read more