T2108 Update – October 5, 2011 (Another Typical Oversold Period)

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag.) T2108 Status: 21% (2nd day of oversold conditions) VIX Status: 38 General (Short-term) Trading Call: Conservative traders open first … Read more

T2108 Update – October 4, 2011 (One Day Bear Market?)

(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag.) T2108 Status: 18% (2nd day of oversold conditions) VIX Status: 41 (well below 1st day of oversold period) General … Read more

Juniper Networks Hits 2 1/2 Year Lows and Triggers Pairs Trade with Cisco

(This is an excerpt from an article I originally published on Seeking Alpha. Click here to read the entire piece.) Two weeks ago, I described a potential pairs trade between Juniper Networks (JNPR) and Cisco Systems (CSCO) based on the ratio of their prices and relative valuations (see “Pairs Trade: Cisco Systems Is Catching Up … Read more

Pairs Trade: Cisco Systems Is Catching Up to Juniper Networks

(This is an excerpt from an article I originally published on Seeking Alpha. Click here to read the entire piece.) Cisco Systems (CSCO) has steadily declined since reaching a peak in April, 2010. For much of this time, analysts and commentators seemed to focus on company-specific problems as the blame. It seemed competitor Juniper Networks … Read more