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

T2108 Update (April 30, 2014) – A Stock Market Inching Forward Against Gravity

(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 (April 7, 2014) – From Overbought to Quasi-Oversold in Three Days Flat

(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 (February 19, 2014) – Here We Go 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 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 (January 17, 2014) – An Important Juncture

(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 18, 2013) – A Tantalizing Pause Ahead of 2013’s “Last Stand” for Bears

(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, 2013) – T2108 Finally Wakes Up On New All-Time High (Includes Update On History of All-Time Highs)

(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

Apple POST-Earnings Trading and Technical Review – October, 2013 Edition

The Apple October post-earnings reaction played out amazingly close to the roadmap I provided in “Apple Earnings Technical Review – October, 2013 Edition“…except there were a lot more squiggles between points A and B than I anticipated…and my execution could have better. In this post, I review the action and recount lessons learned. First, a … Read more

Apple Earnings Technical Review – October, 2013 Edition

It is that time again – Apple (AAPL) announces its latest earnings on October 28th. This post is another edition of my pre-earnings technical analyses that examines historical data to project the outcome for trading the day following earnings. The short story is that while I remain convinced that AAPL has turned bullish again, the … Read more

Chart Review: AAPL Not Over Hump, AMZN Launches Again, BBY 3-Year Highs, SKUL Breakout, And More

This chart review covers the following stocks Apple (AAPL), Amazon.com (AMZN), Best Buy (BBY), Skull Candy (SKUL), Priceline.com (PCLN), Hewlett-Packard (HPQ), and Caterpillar (CAT). Apple (AAPL) In retrospect, last Monday’s plunge now looks like some kind of “manipulation.” The stock plunged 3.2% on no immediate news so the selling looked like follow-through to the previous … Read more