Doubling Down on the United States Oil ETF While Oil-Related Names Gain A Reprieve from Calamity

The trade on a rangebound United States Oil (USO) is now failing (see “The Commodities Crash Accelerates: Scenarios for Trading Oil” for a description). Oil has continued its collapse past the historic 2009 lows and has helped to drive USO to fresh all-time lows. Source: US. Energy Information Administration, Crude Oil Prices: West Texas Intermediate … Read more

T2108 Update (December 23, 2015) – A Timely Bounce for the S&P 500

(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 18, 2015) – A Challenging Setup for the Santa Claus Rally

(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 17, 2015) – The S&P 500 Makes A Reverse Power Move

(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 16, 2015) – The S&P 500 Makes A Power Move

(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