T2108 Update (May 15, 2012) – Fallen From the Edge But Not Yet Oversold

(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-related trades and other trades are posted on twitter using the #120trade hashtag) T2108 Status: 27.6% VIX Status: 22.0% … Read more

Time to Buy Zynga Ahead of the Facebook IPO

(This is an excerpt from an article I originally published on Seeking Alpha on April 19, 2012. Click here to read the entire piece.) {snip}…selling in the stock is accelerating as Zynga wipes out all of its post-Facebook gains and retests its $10 IPO price. If Facebook is a $90B company, then Zynga’s 12% share … Read more