T2108 Update – April 16, 2012 (Bulls Clinging to the Reins)

(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: 31% VIX Status: 19.6% … Read more

T2108 Update – April 12, 2012 (Bulls Already Take Back the Reins)

(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: 37% VIX Status: 17.2% … Read more

Bearish Implications of A Rare Convergence of Extremes in Yen vs S&P 500 Correlations

(This is an excerpt from an article I originally published on Seeking Alpha on April 9, 2012. Click here to read the entire piece.) In tweets and various posts, I have harped on the renewed strong relationship between yen strength and market weakness. In “Weakness in the Japanese Yen Is Over for Now, Part Two“, … Read more

T2108 Update – April 10, 2012 (ALMOST Oversold As Bulls Lose Control of Momentum)

(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: 21% VIX Status: 20.4% … Read more

T2108 Update – April 9, 2012 (Breakout Wipeout – Bulls Lose More Momentum Even As History Remains On Their Side)

(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: 32% VIX Status: 18.8% … Read more

T2108 Update – April 5, 2012 (The Bull Gets Even More Tentative)

(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: 41% VIX Status: 16.7% … Read more

Weakness in the Japanese Yen Is Over for Now, Part Two

A month ago I declared the weakness in the Japanese yen had ended. At the time, the U.S. dollar versus Japanese yen currency pair, USD/JPY or the inverse ratio in the Rydex CurrencyShares Japanese Yen Trust (FXY), had slipped for three days in a row. I turned out to be about a week too early … Read more

T2108 Update – April 3, 2012 (Traders Eye May for An Excuse to Sell)

(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: 55% VIX Status: 15.7% … Read more

T2108 Update – March 30, 2012 (Data Remain On the Side of the Bulls)

(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: 54% VIX Status: 15.5% … Read more

T2108 Update – March 28, 2012 (Buyers Defend Latest 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: 54% VIX Status: 15.5% … Read more