Forex Positioning Update: Short Euro, Canadian Dollar, Australian Dollar, Long Pound

(This is an excerpt from an article I originally published on Seeking Alpha on April 7, 2014. Click here to read the entire piece.) There was a lot of action last week in the foreign exchange market. This piece is a quick update on how I have adjusted and/or maintained positioning in select currencies: the … Read more

T2108 Update (August 8, 2014) – Another Divergence 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 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

Forex Setup Week (August 10, 2014): Major Trends In Play

Currency markets have been providing some excitement during the past several weeks. Some will ascribe it to lower liquidity, but I think that explanation is too easy. Major adjustments are likely underway in sentiment and positioning, so traders will do well to review charts on at least a weekly basis to assess the bigger picture … Read more

T2108 Update (July 31, 2014) – Market Sells Off As Sellers Decide to Sell, Delivering Quasi-Oversold Trading 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 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 18, 2014) – S&P 500 Snap Back Preserves Important Bullish Trend and Support

(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 12, 2014) – Post-Overbought Bearish Rumblings Get Much Louder

(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 11, 2014) – Overbought Over So Soon

(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, 2014) – Conflicting Signals Turn “Sell In May” to “Stabilize In May”

(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 12, 2014) – Volatility Watch

(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

Exactly Nowhere for the U.S. Dollar Year-To-Date Hides Some Subtle Signals

(This is an excerpt from an article I originally published on Seeking Alpha on February 25, 2014. Click here to read the entire piece.) So far, 2014 has included more angst about emerging markets, a large (and temporary) spike on volatility, a sharp rally in bond prices, and an impressive (counter-trend) rally in gold. Through … Read more