T2108 Update (August 14, 2014) – S&P 500 Faces Its First Big Test After Lifting From 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 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

A Subtle Change In Tone As the U.S. Dollar Achieves Year-to-Date Highs

(This is an excerpt from an article I originally published on Seeking Alpha on July 31, 2014. Click here to read the entire piece.) The U.S. dollar index (UUP) has increased steadily all of July. The dollar index has gained 2% month-to-date. This matches a similar gain from the dollar’s last low in early May … Read more

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

Unemployment and Commodity Prices Working Against the Australian Dollar

(This is an excerpt from an article I originally published on Seeking Alpha on August 7, 2014. Click here to read the entire piece.) It is probably only a matter of time before the next deep swoon in the Australian dollar (FXA). On August 7th…the Australian Bureau of Statistics (ABS) reported a spike higher in … Read more