T2108 Update (February 6, 2014) – Signs of Bottoming Ahead of January Jobs Report (And Chart Reviews for GMCR, DATA, DDD, AKAM, TWTR, IBM, AAPL)

(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 (January 7, 2014) – Overbought Timelag?

(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

Chart Reviews: Twitter Crescendo Confirmed, Apple’s Sloppy Retest, LinkedIn Breaks Down

The start of 2014’s first full week of trading did not disappoint. There were fireworks to be found in all sorts of individual stocks. I am only covering three in this chart review: Twitter (TWTR), Apple (AAPL), and LinkedIn (LNKD). TWTR gapped down on Monday (January 6, 2014) forming a more definitive formation of the … Read more

T2108 Update (January 2, 2014) – Redux Rejected

(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 30, 2013) – A VIX Pop, the 200DMA Barrier, and Intriguing Chart Reviews

(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

Twitter’s Run-Up Reaching A Likely Crescendo

(This is an excerpt from an article I originally published on Seeking Alpha on December 27, 2013. Click here to read the entire piece.) Twitter (TWTR) is up 22% so far in this holiday shortened week and up 41% since December 10th when the stock broke out to its first post-IPO high. TWTR has been … Read more

T2108 Update (November 4, 2013) – Still Scratching At Overbought Levels

(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