T2108 Update (July 29, 2016) – A Bearish Divergence As Overbought Period Hiccups

(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 (July 22, 2016) – No Dollar, No Oil Have Stopped A Steady Drift of New Highs

(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

Gold Tops Out As Odds of Next Rate Hike Point Again to 2016

(This is an excerpt from an article I originally published on Seeking Alpha on July 21, 2016. Click here to read the entire piece.) The post-Brexit run-up in the SPDR Gold Shares (GLD) ended today. Source: FreeStockCharts.com The entire post-Brexit gap could easily fill if current momentum in other gold-related indicators continues. {snip} Source: CME … Read more

How to Reconcile Brexit Uncertainties and the Rally in Stock Markets: Don’t

“Faint and quaint” is how I am starting to describe the initial panic and consternation of financial markets resulting from the UK’s decision to exit from the European Union (EU), aka Brexit. The S&P 500 (SPY) now logs new all-time highs as if nothing ever happened. Yet, a rapid consensus has grown around reducing forecasts … Read more

T2108 Update (July 18, 2016) – Bullish Momentum Continues With A Wary Eye on Volatility

(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 (July 12, 2016) – Despite Unbalance, GRAVITY Eases the Way for An Overbought S&P 500

(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 (July 11, 2016) – Stocks On the EDGE of A Bullish Run

(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 (July 8, 2016) – A Day to Be Long Almost Anything and Everything

(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 (July 1, 2016) – Almost Like Nothing Happened: Trading Lessons from a Wild Week

(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 (June 29, 2016) – As Stocks Move Past Brexit, Currencies Still Sting

(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