T2108 Update (September 9, 2016) – FedSpeak Crashes the Stock Market’s Complacency Party – For Now

(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

The Bullish Economic News from America’s Truckers

(This is an excerpt from an article I originally published on Seeking Alpha on August 29, 2015. Click here to read the entire piece.) The iShares Transportation Average (IYT) began to diverge notably from the S&P 500 (SPY) in March of this year. It took another five months for this divergence to resolve into a … Read more

The Market Is Ignoring These Insider Purchases, But You Should Not

(This is an excerpt from an article I originally published on Seeking Alpha. Click here to read the entire piece.) Since the market swoon began in earnest in August, I have become increasingly interested in the stock market’s reaction to the news of insider buying by company executives. In many cases, I have made the … Read more