(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
October 11, 2015
The gold price moved up $18. However, the silver price moved up 60 cents which is a much bigger percentage. The silver community is getting pretty excited. A market trend will often begin when a small number of traders learn
After the rally of the last couple of weeks, Friday’s narrow range gains felt like it may offer bulls a break from their buying. There are a couple of resistance levels in play for some of the indices, but these
October 10, 2015 Technicians have a lot of versions of a “breadth thrust” signal, and the basic idea is that the Advance-Decline numbers suddenly go from not so good to REALLY good in a short amount of time. The late
The UK’s Guardian newspaper, of Edward Snowden leaks fame, just published a good overview of the world’s recent financial missteps titled The world economic order is collapsing and this time there seems no way out. Some excerpts: The heart of the economic disorder
PPG Industries (PPG) is the global leader in the coatings industry. The company’s two largest competitors are: Fellow Dividend Aristocrat Sherwin-Williams (SHW) Amsterdam headquartered Akzo Nobel (AKZOY) Together, the 10 largest coatings companies control over 50% of the industry globally.
by Dirk Ehnts, Econoblog101 Positive Money noticed that Draghi answered a question on helicopter money. As it stands, the ECB has no instruments available to give money to people for free (helicopter money). It is a political problem to have a central bank engage in
My read of the Twitter stream sees some resistance ahead for the S&P 500 Index (SPX). The most obvious sign comes from support and resistance levels gleaned from Twitter. Most tweets above current prices are at 2040 on SPX, which
The Essence of Equity Low Volatility I’m not usually impressed by standard quant risk-measurement metrics such as beta, which only measures stock prices and cannot be expected to persist into the future, unless the future resembles the past, which sometimes
Well, when I can’t think of any sweeping thesis to offer, I’ll fall back on the old standby: (a) a bevy of charts of positions I am currently short (b) a mildly clever title for the post. So here we
