T2108 Update (August 10, 2012) – Promise Versus Peril In This Overbought Market

(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: 74.5% (sixth day of … Read more

T2108 Update (August 3, 2012) – Incipient Rally Strengthens, Raising the Bar On Bearish Trades

(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: 71.8% (first day of … Read more

T2108 Update (August 1, 2012) – Overbought Period Ends As Breakout Wavers

(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: 65.3% (first day of … Read more

T2108 Update (July 26, 2012) – A Bounce….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: 62.5% VIX Status: 17.5 … Read more

T2108 Update (July 23, 2012) – Overbought Period Ends But June Uptrend Holds

(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: 59.9% (ends last overbought … Read more

T2108 Update (July 20, 2012) – Rejected From A Breakout

(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: 70.9% (6th overbought day) … Read more

T2108 Update (June 25, 2012) – Follow-Through Selling

(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: 33.4% VIX Status: 20.4 … Read more

T2108 Update (June 19, 2012) – Bullish, But…

(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: 52% VIX Status: 18.3 … Read more

Siemens AG Trades On the Edge As German Manufacturing Continues to Contract

(This is an excerpt from an article I originally published on Seeking Alpha on May 24, 2012. Click here to read the entire piece.) German industrial powerhouse Siemens AG (SI) is trading on the edge of a major breakdown. {snip} Source: FreeStockCharts.com With Thursday’s very poor German manufacturing numbers, I highly doubt Siemens can avoid … Read more