T2108 Update (October 16, 2015) – Surprising Divergence Marks the End of the August Angst

(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

Glencore’s Correlation With Market Sentiment and An End to the Collapse In Commodities

(This is an excerpt from an article I originally published on Seeking Alpha on October 14, 2015. Click here to read the entire piece.) {snip} This quote is the entirety of a terse and pointed press release that commodity giant Glencore (GLCNF) (GLNCY) delivered to calm market fears about the company’s business. This release came … Read more

T2108 Update (October 9, 2015) – Commodity Currencies Leading the Way to Overbought 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 (October 8, 2015) – The S&P 500 Continues A Strong Run Toward Overbought 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 (October 5, 2015) – A Lot Left to Prove As Stock Market Prints A Strong Follow-Through Day

(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

Australian Dollar Healthcheck: An Extended Period of Weakness Remains Ahead

(This is an excerpt from an article I originally published on Seeking Alpha on October 1, 2015. Click here to read the entire piece.) {snip} RBA Governor Glenn Stevens found a clever way to imply that the decline in the Australian dollar (FXA) still has a ways to go. First, he implied that the terms … Read more

An Anti-Climactic Fed Meeting On the Path of Policy Normalization

(This is an excerpt from an article I originally published on Seeking Alpha on September 18, 2015. Click here to read the entire piece.) If you have followed the CME Group 30-Day Fed Fund futures prices, today’s decision by the Federal Reserve to leave interest rates unchanged did not surprise you. You may have even … Read more

T2108 Update (September 2, 2015) – Topping Action for Volatility

(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 Reserve Bank of Australia Is Content to Wait for the U.S. Federal Reserve

(This is an excerpt from an article I originally published on Seeking Alpha on September 1, 2015. Click here to read the entire piece.) The Reserve Bank of Australia (RBA) delivered another plain vanilla decision on monetary policy. The RBA barely even acknowledged the stomach-churning volatility of the past two weeks or so. {snip} Markets … Read more

T2108 Update (August 26, 2015) – The VIX Remains Rangebound As Stock Buyers Finally Close Strongly

(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