T2108 Update – September 30, 2011 (Holding Trading Range…Just Barely)

(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 Status: 22% VIX Status: 43 General (Short-term) Trading Call: Hold Commentary I suppose it is fitting that the … Read more

T2108 Update – September 28, 2011

(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 Status: 23% (ends last oversold period at 2 days) VIX Status: 41 General (Short-term) Trading Call: Hold Commentary … Read more

T2108 Update – September 27, 2011

(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 Status: 32% (ends last oversold period at 2 days) VIX Status: 38 General (Short-term) Trading Call: Hold Commentary … 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

T2108 Update – September 26, 2010 (A “Typical” Oversold Period Ends)

(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 Status: 24% (ends last oversold period at 2 days) VIX Status: 39 General (Short-term) Trading Call: Conservative traders … Read more

T2108 Update – September 23, 2011 (A Summary of T2108’s Performance)

(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 Status: 19.5% (second day of oversold conditions) VIX Status: 41 General (Short-term) Trading Call: Continue closing out bearish … Read more

T2108 Update – September 22, 2011 (Oversold and Over the Edge – CAT Says It All)

(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 Status: 18.5% VIX Status: 41 General (Short-term) Trading Call: Aggressive traders start buying. Conservative traders buy once VIX … Read more

T2108 Update – September 21, 2011

(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 Status: 26% VIX Status: 37 General (Short-term) Trading Call: Hold. Commentary The S&P 500 fell 2.9% and returned … Read more

Chart Review: Google Hits Resistance, Freeport Mcmoran Makes New 2011 Lows

Many technology stocks have rebounded sharply off their August lows. Stocks like Amazon (AMZN) and Apple (AAPL) have even managed to register fresh all-time highs in the past week. On the other hand, Google (GOOG) has gone nowhere in about two years and now faces overhead resistance yet again. In today’s trading, GOOG was turned … Read more

T2108 Update – September 19, 2011 (Euro-bounce ends)

(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 Status: 37% VIX Status: 33 General (Short-term) Trading Call: Hold. Commentary T2108 is nearly unchanged from the last … Read more