Sharp Rebound in Stocks Flashed Signs of Refreshed Bullishness – Above the 40 (March 25, 2021)

AT40 (T2108) sharply rebounded off a 5-month intraday low.

Stock Market Commentary After today’s open, the rolling interruption to the reopen trade started to look like the beginning of a real pullback. Sellers got about 90 minutes to enjoy the pressure before buyers took control. The back and forth between selling pressure and buying relief has taken a toll on a swath of the … Read more

T2108 Update (February 11, 2014) – Bears In Retreat

(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 (July 31, 2013) – Potential Consolidation As the S&P 500 Waits Out Growing Negatives

(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

T2108 Update (December 4, 2012) – Resistance Holds As Volatility Manages A Rare 3-Day Rise

(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

T2108 Update (July 3, 2012) – Overbought and breaking out

(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: 81.2% (3rd overbought day) … Read more

Japanese Yen and Volatility Sit At the Cusp Of Renewed Risk Aversion

(This is an excerpt from an article I originally published on Seeking Alpha on June 22, 2012. Click here to read the entire piece.) Thursday was a good day for the dollar index (UUP) as it experienced one of its strongest one-day rallies of the year. {snip} While the dollar’s rally was indeed impressive, I … Read more

T2108 Update (May 23, 2012) – Oversold Period Ends While Risks Remain High

(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: 22.5% (Last oversold period … Read more

T2108 Update – March 26, 2012 (All Systems Go On the Follow-Through)

(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: 62% VIX Status: 14.3% … Read more

T2108 Update – March 19, 2012 (Still Not Overbought)

{3/21 – changed title and link to fix incorrect date and naming format} (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 … Read more

Google Puts Remain An Attractive Short-Term Bearish Play

(This is an excerpt from an article I originally published on Seeking Alpha on February 18, 2012. Click here to read the entire piece.) On February 10, I rushed to create a short-term bearish setup on Google (GOOG) based on the sudden surge in volatility. I concluded that if the volatility gains anticipated stock losses … Read more