Dr. Duru | TalkMarkets | Page 55
Sole Proprietor, Ahan Analytics, LLC
Dr. Duru Ahanotu is a graduate of Stanford University with over twenty-five years of experience doing analytic modeling, executing pricing strategies through price optimization, and implementing, developing, and selling enterprise software. He adds to this industry experience another five ...more

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T2108 Update – A Surprising Calm
Interestingly, while the S&P 500 has made some progress, T2108 and the VIX are both still stuck where I last left them.
T2108 Update – Follow-Through On Bullish Divergence – But Can It Last?
While the S&P 500 closed near its lows on the prior day, T2108 made a strong comeback. The subsequent day delivered a near-reversal of Tuesday’s plunge.
Apple Trading Model – Post-Watch Technical Update
The stock only showed some life on an intrady basis after the watch event began. After an hour of excitement, AAPL sank to new lows and then ended the day right about where the event began – a perfect net non-event from a trading perspective.
T2108 Update – Follow-Through Selling On T2108’s Warning
Over the last few days, I have been firmer in my warnings because 2108 absolutely refused to respond to the S&P 500’s sluggish creep higher. Friday's 1.4% drop on the S&P 500 provided convincing follow-through to those warning signs.
T2108 Update – Finally Something Different From The Market
T2108 has spent 14 trading days (three calendar weeks) casually hanging out between 60 and 70% (overbought). Since the tease with overbought levels in early February, T2108 has not traded higher than 66%.
T2108 Update – A Wimpy End To Yet Another Strong Month
Although February ended with a whimper for the S&P 500, the month was overall very strong. The index gained a very respectable 5.5% gain.
T2108 Update – Finally A Convergence Of (Tentative) Warning Signs
The volatility index, the VIX, made a strong move upward from its low of the day. The candlestick looks like a hammer bottom in the making.
The Canadian Dollar Slips On An Oil-Slicked November GDP Report
It is never good to see a negative print on a GDP growth number. It is even worse when it is below market “expectations.”
T2108 Update – Round Numbers And A Bearish Divergence
The S&P 500’s recent chopping range did not facilitate any T2108-related trades. This second straight day closing at an all-time high still leaves the market tantalizingly close to triggering a trade.
T2108 Update – Many Bullish Tidings But Not Yet A Convincing All-Time High
A falling VIX and a rising S&P 500 are VERY bullish one-two punches. I wish I still had an active anti-volatility trade in place.
T2108 Update – The S&P 500 Trades Back To The Top Of Its Chopping Range
T2108 barely managed to eke out a gain after spending most of the day in negative territory.
A Reduction In The Speculative Sparkle For The Oil Trades
I am extending a hat tip to a friend who sent the following Seeking Alpha news alert on what must be the most bearish prediction on oil out there from a major analyst…
T2108 Update – Almost Overbought…Again
T2108 measures the percentage of stocks trading above their respective 40-day moving averages.
T2108 Update – A Continued Surge Toward Overbought Conditions
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.
Intercept Pharmaceuticals Raises Much Needed Cash As Shorts Accelerate Their Bets
Intercept Pharmaceuticals is up 46% from an 11-month low but is still trying to recover a large loss from November earnings.
T2108 Update – A Sudden Surge Toward Overbought Conditions
T2108’s breakout represents a potential bullish divergence that portends an eventual breakout of the S&P 500. Note that I am NOT ready to project such an event and prefer to wait for the market to prove itself.
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