T2108 Update (July 5, 2013) – S&P 500 Finally Makes A Breakthrough

(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 highly 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 … Read more

T2108 Update (July 1, 2013) – Oversold Bounce Hits the Wall Again

(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 highly 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 … Read more

T2108 Update (June 12, 2013) – Teetering – A Good Lesson In the Sensitivity of the T2108 Trading Model

(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 highly 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 … Read more

T2108 Update (June 7, 2013) – Bulls Strike Back With Impressive Follow-Through

(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 highly 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 … Read more

T2108 Update (June 6, 2013) – Predicted Bounce from Quasi-Oversold Conditions

(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 highly 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 … Read more

Apple Is Between A Bottom And A Hard $500

About six weeks have passed since Apple printed an apparent bottom in the wake of the tumultuous trading surrounding its April earnings report. With the benefit of hindsight, I think it is worthwhile to look back at some important highlights to consider whether this bottom is a sustainable one and what the prospects might be … Read more

T2108 Update (May 14, 2013) – Surge Continues As Shorts Continue Suffering from Target Practice

(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 highly 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 … Read more

An Apple Bottom As Sentiment Finally Turns Southward (Put Buying Soars)

In previous pieces, I have noted how traders and investors continued to load up on call options on Apple (AAPL) despite its persistent decline off all-time highs (for example see “Bullish Earnings Trading Patterns and Sentiment Collide With Apple’s Recent Downtrend“). It seems sentiment has finally taken a dramatic turn commensurate with the dramatic turn … Read more

T2108 Update (April 30, 2013): Almost Overbought (includes chart reviews for Apple and Amazon)

(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 highly 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 … Read more

Bullish Earnings Trading Patterns and Sentiment Collide With Apple’s Recent Downtrend

(This is an excerpt from an article I originally published on Seeking Alpha on April 22, 2013. Click here to read the entire piece.) It is that time of year: the next earnings report from Apple (AAPL). {snip} As Aaron Task says in the intro of today’s Daily Ticker – “Bracing for Disaster: How Bad … Read more