T2108 Update (April 11, 2014) – Continuation Selling Quickly Brings Back Quasi-Oversold 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 (March 24, 2014) – A Day Momentum Died

(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

Chart Review Madness: Bearishness Abounds

As promised, here is a cornucopia of charts. To me, this is still just a small sample of the very enticing and intriguing charts popping up everywhere as more evidence builds that some kind of top is getting printed in the stock market. In particular, note my selection of momentum charts that are wobbling, weakening, … Read more

T2108 Update (March 19, 2014) – Overbought Conditions End…Yet 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

T2108 Update (March 17, 2014) – Dance With Overbought Conditions Not Quite Over

(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 14, 2014) – A Top Is In

(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 (February 26, 2014) – Overbought Close Call #2 (Chart Reviews: BBRY, FSLR, EBAY, SBUX, TSLA, LNKD)

(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 (February 3, 2014) – Volatility Wins As Post-Taper Support Collapses Into Quasi-Oversold 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

Chart Review: Breakdowns for Cisco, Starbucks, Monster, priceline.com, Netflix, and Bed, Bath, and Beyond

Earnings season is creating its usual spectacle of fascinating charts. Here is a sample of the ones catching my eye right now: Breakdowns Cisco Systems (CSCO) On August 16th, CSCO jumped 9.6% in response to a positive earnings report. CSCO has yet to make any progress since then. On Wednesday, the stock confirmed its breakdown … Read more

Sifting Through the Rubble of Retail High-Flyers for Potential Trades – Long and Short

(This is an excerpt from an article I originally published on Seeking Alpha on August 6, 2012. Click here to read the entire piece.) The HOLDRS Retail ETF (RTH) made new all-time highs in late July, and the SPDR S&P Retail ETF (XRT) has remained in a trading range since failing a retest of its … Read more