T2108 Update (August 30, 2013) – Bearish Divergence On the Edge of Oversold

(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 gap down 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 … Read more

Mind Over Yen – The Monetary Psychology Of Reflating Japan’s Economy

(This is an excerpt from an article I originally published on Seeking Alpha on June 18, 2013. Click here to read the entire piece.) “There is something you should know about me, about inception. An idea is alike a virus, resilient. Highly contagious. The smallest seed of an idea can grow. It can further define … Read more

Prepare for A Potential Relief Rally in the Australian Dollar

(This is an excerpt from an article I originally published on Seeking Alpha on August 5, 2013. Click here to read the entire piece.) After Reserve Bank of Australia (RBA) Governor Glenn Stevens made it clear on July 30, 2013 that the RBA will maintain exceptionally low interest rates for quite some time, the Australian … Read more

Bear Market: Nikkei-Style

(This is an excerpt from an article I originally published on Seeking Alpha on June 7, 2013. Click here to read the entire piece.) {snip} Notably, this retracement erases almost all of the stock market gains from the Bank of Japan’s announcement of aggressive monetary policy in early April called “Introduction of the “Quantitative and … Read more

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