T2108 Update (December 9, 2014) – Much Ado About Nothing: From Raucous Open to A Stalemate Close

(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 (December 8, 2014) – A Stubborn Bearishness Comes Knocking Again

(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

A Good Time for Adjusting the Bearish Trading Strategy on the Japanese Yen

(This is an excerpt from an article I originally published on Seeking Alpha on November 23, 2014. Click here to read the entire piece.) {snip} Ironically, this situation was essentially manufactured by these same authorities, but sure enough the first attempts to rein in the runaway train have appeared. Almost right on schedule, Japanese Finance … Read more

T2108 Update (November 26, 2014) – FINALLY Overbought, Essentially (including Chart Reviews of DE and INTC)

(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

Trading the Breakdown of the Australian Dollar

(This is an excerpt from an article I originally published on Seeking Alpha on November 6, 2014. Click here to read the entire piece.) The pressure is building on the Australian dollar (FXA). If it were not for the fresh collapse in the Japanese yen (FXY), the proverbial risk trade would be looking very shaky. … Read more

T2108 Update (October 31, 2014) – Risk Happens Fast…Even to the Upside

(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 Partnership Between the Australian Dollar and Japanese Yen Delivers Again

(This is an excerpt from an article I originally published on Seeking Alpha on October 30, 2014. Click here to read the entire piece.) Two weeks ago, the market was in the final days of an relatively swift corrective phase. At that time I claimed that the Australian dollar (FXA) stood between “here and a … Read more

Bank of Japan Further Diverges from the U.S. Fed – Risk Trades In Focus

(This is an excerpt from an article I originally published on Seeking Alpha on October 31, 2014. Click here to read the entire piece.) It seems somehow appropriate in these extraordinary times for central banking that less than two days after the U.S. Federal Reserve officially ends quantitative easing (QE) through its bond purchasing program, … Read more

T2108 Update (October 17, 2014) – The Technical Case for A Bottom

(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 (October 15, 2014) – Buyers FINALLY Draw A Line in the Sand

(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