T2108 Update (December 30, 2016) – From a Roar to Caution: The S&P 500 Tentatively Steps Toward 2017

(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

Awful Offerings: Acacia Communications and Twilio

I raise yellow flags when companies implement a secondary stock offering soon after going IPO, especially after the stock has experienced a massive run-up. I get even more worried when the majority of the shares are being sold by shareholders rather than the majority of proceeds going into corporate investments. Two recent IPOs have popped … Read more