T2108 Update (June 7, 2012) – Dangerous Fade

(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: 24.9% VIX Status: 21.7 … Read more

T2108 Update (June 6, 2012) – The Power of Oversold Again

(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: 26.2% (Terminates previous oversold … Read more

Chart Review – JPMorgan Chase Ends the Week Where It Began: Flatline for The Year

JPMorgan Chase (JPM) began the week with all of its gains for 2012 erased in the wake of news of its hedging losses. JPM ended the week in the same place after having dropped as much as another 3.9%. The brief rally from the lows carried strong buying volume. This action looks like a temporary … 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 (May 21, 2012) – The Power of 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: 20.1% (Oversold day #3) … Read more

Chart Review: JPMorgan Chase and Goldman Sachs Break Down

T2107, the percentage of stocks trading above their respective 200-day moving averages has been in decline since reaching a quick post-recession peak in late 2009. It is one sign that fewer and fewer strong stocks are supporting the overall stock market. So when the indicator takes a fresh plunge to the downside, I sit up … Read more