The U.S. Dollar and the British Pound Tag Important 2015 Milestones

On Friday, July 17, 2015, the U.S. dollar index (UUP) closed just below the short-term downtrend in place since it made a multi-year high in March. And for those who fear a strong dollar is bad for the U.S. economy, or at least the stock market, the S&P 500 (SPY) is apparently out to prove … Read more

How to Trade the Change In Narrative and Momentum for Iron Ore

(This is an excerpt from an article I originally published on Seeking Alpha on April 27, 2015. Click here to read the entire piece.) One of my tenets from the (revised) “Commodity Crash Playbook” is to respect momentum and trends in commodity trading and investing… {snip} Iron ore has become a fascinating case in point. … Read more

T2108 Update (June 8, 2015) – No Bounce Yet As S&P 500 Makes Rare Extension of Selling

(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 (May 27, 2015) – Volatility Survives (for now) the Same Old Chop

(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 (May 26, 2015) – A Time to Bet On Volatility (Again)

(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 Australian Dollar Firms As Another Fed Over-Reaction Helps to Pause Currency Trends

(This is an excerpt from an article I originally published on Seeking Alpha on October 9, 2014. Click here to read the entire piece.) Not even another poor jobs report – unemployment rate up from 6.0% to 6.1% and a loss of 29,700 employed persons – could keep the Australian dollar (FXA) down. During the … Read more

T2108 Update (April 29, 2015) – Back to the Chop

(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 (April 23, 2015) – Almost Overbought AGAIN: The NASDAQ All-Time Closing High Edition

(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 (April 17, 2015) – Another Close Call With Overbought Amid More Chop

(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 (April 10, 2015) – The (Strained?) Calm Before Earnings

(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