ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
This is an excerpt from an article I originally published on Seeking Alpha on January 22, 2013. Click here to read the entire piece.) {snip} Seven months later, Facebook has tried to demonstrate that it is actively inventing new ways to keep its users engaged and monetized. For the last two months, the market has … Read more
This is an excerpt from an article I originally published on Seeking Alpha on January 21, 2013. Click here to read the entire piece.) The negative news cycle has begun again on Monster Beverage Corporation (MNST), and it is creating fresh trading opportunities. On January 10th, the Drug Abuse Warning Network (DAWN), “a public health … Read more
This is an excerpt from an article I originally published on Seeking Alpha on January 28, 2013. Click here to read the entire piece.) When the Bank of Japan (BoJ) announced its latest statement on monetary policy in conjunction with the Japanese government, the yen (FXY) strengthened counter to the trend over the past several … Read more
This is an excerpt from an article I originally published on Seeking Alpha on January 15, 2013. Click here to read the entire piece.) The Japanese yen (FXY) experienced a quick plunge after Akira Amari, Japanese economic and fiscal policy minister, expressed concern about the yen getting too weak. According to The Japan Times Online, … Read more
Autozone (AZO) was a banner stock coming out of the 2001 recession. In 2001 alone, AZO logged a 152% gain. Over the next six years, AZO gained another 67%. During the financial panic in 2008, AZO plunged but did not even come close to erasing all those hard-fought gains. In 2009, the stock barely paused … Read more
Earnings announcements are supposed to reveal the fundamental strength (or weakness) in a company. The reaction to those earnings should indicate the underlying fundamentals of a company. Yet, there is no time like earnings where the contrast between the true fundamentals of a company and market sentiment can clash in the most dramatic fashion. Case … Read more
The market continues to throw up a lot of interesting charts, particularly on the bullish side. This chart review takes a quick look at Shutterfly (SFLY), BlackBerry (BBRY), Weight Watchers (WTW), Peabody Energy (BTU), and the Australian dollar (AUD/USD or FXA). SFLY just reported earnings, and the market clearly loved it. The stock printed a … Read more
(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 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
This is an excerpt from an article I originally published on Seeking Alpha on February 1, 2013. Click here to read the entire piece.) While all eyes are trained on U.S. economic data this week, Australians are looking ahead to Monday, February 4th when the Reserve Bank of Australia (RBA) makes its next statement on … Read more