T2108 Update – December 13, 2011 (Yo-Yo’s Bearish Bouncing)

(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: 35% VIX Status: 26 … 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

T2108 Update – November 30, 2011 (Very Impressive Follow-Through Despite More Red Flags)

(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: 65% VIX Status: 28 … Read more

Chart Review: Netflix Tags the $110 Target But More Downside To Come

For six days, Netflix (NFLX) appeared to have printed a bottom at $125. On Thursday, NFLX broke that critical support and plunged 11% to close at a new 52-week low. In the process, the stock also tagged $110 which was a price target established by a bearish analyst at Noster Capital. Unfortunately, Thursday’s action suggests … Read more

T2108 Update – September 22, 2011 (Oversold and Over the Edge – CAT Says It All)

(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 Status: 18.5% VIX Status: 41 General (Short-term) Trading Call: Aggressive traders start buying. Conservative traders buy once VIX … Read more