ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
(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 January 4, 2013. Click here to read the entire piece.) {snip} This reversal was punctuated by Chapman Capital’s Robert Chapman revelations on January 3rd that he bought HLF on the cheap to trade directly against Ackman. Source: FreeStockCharts.com Herb Greenberg of … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on December 24, 2012. Click here to read the entire piece.) So it turns out that Bill Ackman, with his hedge fund Pershing Square Capital Management, is the “big whale” behind the massive short position built against Herbalife (HLF). Ackman indicated that … 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 December 27, 2012. Click here to read the entire piece.) Note to self: next time when analyzing a stock in a downtrend as a potential value play, check for major pending litigation. {snip}…investors got an awful belated Christmas gift in the … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on December 19, 2012. Click here to read the entire piece.) For over two years, Marvell Technology Group Ltd (MRVL) has repurchased a LOT of shares. {snip} Indeed, even after spending $2.1B repurchasing shares, MRVL still has $2B sitting on the balance … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on December 25, 2012. Click here to read the entire piece.) In the summer of 2011, I started a series called the “Commodity Crash Playbook” designed to take advantage of the bargains created from what, at that time, seemed to be a … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on December 26, 2012. Click here to read the entire piece.) Most of the clues required for the British pound’s direction for 2013 are contained in the Bank of England’s last Inflation Report back on November 14, 2012. The British pound enjoyed … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on December 21, 2012. Click here to read the entire piece.) On December 20th, the Bank of Japan rolled out more stimulus and more accomodative monetary policy as expected: {snip} The Bank of Japan is clearly trying to get more aggressive in … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on December 14, 2012. Click here to read the entire piece.) Nine months ago, I wrote about Vertical Capital Income Fund as a way to participate in the bottoming of housing through an investment in mortgages. On November 28th, I checked in … Read more