A Time to Short the SPDR S&P Retail ETF

Kudos to outdoor retailer REI for actually giving its employees time off on Black Friday, the day after Thanksgiving. REI created an #optoutside campaign to encourage fellow enthusiasts to join vacationing employees outdoors, far away from the Black Friday shopping madness that has become quite the bewildering American consumerist tradition. Back on the asphalt, results … Read more

T2108 Update (December 2, 2013) – Bears Beat Back Black Friday

(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

Black Friday 2013: A Likely Last Stand for Bears for the Year

(This is an excerpt from an article I originally published on Seeking Alpha on November 27, 2013. Click here to read the entire piece.) Black Friday in the U.S. is the day after Thanksgiving when shoppers descend upon stores scrambling to find bargains for Christmas gifts. For some reason, the stock market also opens for … Read more

A Historic Black Friday Trade Continues Down Its Bullish Path

(This is an excerpt from an article I originally published on Seeking Alpha on March 6, 2013. Click here to read the entire piece.) One hundred and two (102) calendar days and counting and the S&P 500 (SPY) still has yet to reverse all the gains from last year’s Black Friday rally. {snip} These 102 … Read more

Black Friday Trade Gets More Bullish Even As Fiscal Cliff Looms

(This is an excerpt from an article I originally published on Seeking Alpha on December 2, 2012. Click here to read the entire piece.) The rally from oversold conditions in the S&P 500 (SPY) from the November lows has now nearly recovered post-election losses. On the way up, we got to see whether Black Friday … Read more

Quantifying the Significance of Black Friday Trading

(This is an excerpt from an article I originally published on Seeking Alpha on November, 2012. Click here to read the entire piece.) The day after Thanksgiving, affectionately known as Black Friday, is an odd day of trading. For whatever reason, the exchanges open for business for part of the day even as most people … Read more

T2108 Update (November 29, 2012) – Resistance

(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