Three Reasons Why A New Bottom For Gold Will Likely Prove Elusive For Now

(This is an excerpt from an article I originally published on Seeking Alpha on April 14, 2013. Click here to read the entire piece.) During the height of the banking crisis in Cyprus, I figured gold (GLD) would be a good trade. That lasted for all of a few days. {snip} I have seen some … Read more

Week of Major Currency Shifts Flips Me Bullish Australian and British Currencies

(This is an excerpt from an article I originally published on Seeking Alpha on April 7, 2013. Click here to read the entire piece.) {snip} The market seemed to convulse on the notion that the Fed could actually end asset purchases but seemed to ignore the conditional of a much improved labor market and improving … Read more

T2108 Update (May 10, 2013) – Stock Market Ignores Currency Turmoil

(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 highly 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 … Read more

T2108 Update (March 28, 2013) – Finally A New All-Time High (But Where’s the Champagne?)

(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 highly 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 … Read more

A Stealth Rally for the Australian Dollar

(This is an excerpt from an article I originally published on Seeking Alpha on March 13, 2013. Click here to read the entire piece.) It took a record low on the GBP/USD currency pair [British pound (FXB) versus the Australian dollar (FXA)] for me to realize that the Australian dollar has been in “stealth rally” … Read more