Above the 40 (March 20, 2017) – Stock Market Returns to Regularly Scheduled Programming

AT40 = 46.5% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 = 61.8% of stocks are trading above their respective 200DMAs VIX = 11.3 (volatility index) Short-term Trading Call: neutral Commentary In my last Above the 40, I pointed out a surprising and mild bullish divergence. Like so much else in … Read more

Above the 40 (February 27, 2017) – The S&P 500 Coiled In Anticipation

AT40 Status: 63.5% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 Status: 70.8% of stocks are trading above their respective 200DMAs VIX Status: 12.1 (volatility index) Short-term Trading Call: neutral Commentary In my last “Above the 40” post, I noted that the rejection of AT40 (T2108), the percentage of stocks trading … Read more

Above the 40 (February 22, 2017) – The S&P 500 Still Finds Overbought Elusive

AT40 Status: 65.6% of stocks are trading above their respective 40-day moving averages (DMAs) AT200 Status: 70.2% of stocks are trading above their respective 200DMAs VIX Status: 11.7 (volatility index) Short-term Trading Call: neutral Commentary The struggle for the overbought threshold continues. AT40 (T2108), the percentage of stocks trading above their respective 40-day moving averages … Read more

T2108 Update (January 9, 2017) – Overbought Conditions End With the NASDAQ Leaning Against Bearish Hints

(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 4, 2017) – A Tantalizing Day for the Stock Market

(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 28, 2016) – Caution Confirmed: The S&P 500 Ends A Feeble Overbought Period

(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