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

SPDR Gold Shares Closes A Gap As the Fed Maintains Its Churn On Rate Hikes

(This is an excerpt from an article I originally published on Seeking Alpha on August 20, 2015. Click here to read the entire piece.) The U.S. Federal Reserve released its minutes from its July 28 to 29, 2015 meeting. It was pretty much the same back and forth on monetary policy and the U.S. and … Read more

Fed’s Insistence On Transitory Disinflation Puts A Pause on the GLD Trade

(This is an excerpt from an article I originally published on Seeking Alpha on January 29, 2015. Click here to read the entire piece.) This year has started for SPDR Gold Shares (GLD) in a fashion eerily similar to 2014. On December 18, 2013, the Federal Reserve officially announced the planned tapering of its bond … Read more

T2108 Update (August 12, 2015) – Amplified Chop

(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 Commodity Crash Accelerates: A New Juncture for Buying Gold

(This is an excerpt from an article I originally published on Seeking Alpha on July 27, 2015. Click here to read the entire piece.) This month’s acceleration in the now 4-year sell-off in commodities seems to indicate that markets are getting serious about bracing for a tightening cycle from the Federal Reserve. I have mainly … Read more

T2108 Update (July 21, 2015) – Follow-Through on Bearish Divergence

(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 (March 26, 2015) – S&P 500 Reverses Post-Fed Gains – Waiting On Oil and Gold to Follow

(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

Gold Is Unloved But Still Not Cheap

(This is an excerpt from an article I originally published on Seeking Alpha on March 8, 2014. Click here to read the entire piece.) Friday’s U.S. employment report delivered strong results yet again. It helped increase expectations of a Fed rate hike by June as iShares 20+ Year Treasury Bond (TLT) and SPDR Gold Shares … Read more

T2108 Update (February 5, 2015) – A Continued Surge 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 (January 30, 2015) – Volatility Hangs Tough for January

(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