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 1, 2012. Click here to read the entire piece.) In my last post updating the current list of buy candidates for the “commodity crash” portfolio, I neglected to include fertilizer stocks. Phosphate and potash producers – like Mosaic (MOS), Potash … Read more
This is an excerpt from an article I originally published on Seeking Alpha on January 3, 2012. Click here to read the entire piece.) LDK seems to have a penchant for starting the year with big announcements. Last year, the company significantly increased sales guidance. This year, LDK comes out the gate announcing a bid … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. 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 posted on twitter using the #120trade hashtag) T2108 Status: 71% VIX Status: 23 … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. 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 posted on twitter using the #120trade hashtag) T2108 Status: 56% VIX Status: 21 … Read more
This is an excerpt from an article I originally published on Seeking Alpha on January 1, 2012. Click here to read the entire piece.) At the end of 2010, the Australian dollar closed at an all-time high against the U.S. dollar; the Aussie gained 14% and yielded 4.75% (for more details see “The Australian Dollar … Read more
This is an excerpt from an article I originally published on Seeking Alpha on December 29, 2011. Click here to read the entire piece.) On August 15th, Mark Smith, the President and CEO of rare earth producer Molycorp (MCP) made one of the strangest insider purchases I have ever observed. {snip} Two weeks ago, on … Read more
This is an excerpt from an article I originally published on Seeking Alpha on December 29, 2011. Click here to read the entire piece.) In early November, I wrote that a turnaround finally seems to be materializing for Lender Processing Services (LPS). Regulatory and legal issues have long been a severe overhang for LPS, so … Read more
This is an excerpt from an article I originally published on Seeking Alpha on December 28, 2011. Click here to read the entire piece.) The Federal Reserve’s second phase of quantitative easing (QE2) is slowly becoming a distant memory…{snip} The stark contrast between winning and losing stocks (S&P 500 index versus many commodity stocks) leaves … Read more
Recently, the euro has received more focus than ever, especially as it printed new 11-month lows against the U.S. dollar and new 11-YEAR lows against the yen today (December 29th). However, over the past week, the British pound has fared even WORSE than the euro. The euro is now trading at 10-day highs versus the … Read more
In this post, I take a detour from the analysis of financial markets to another passion of mine, professional football! The analytical lesson here is that context and relative comparisons are always important to understand the true significance of performance. Moreover, trying hard is a sufficient criteria for success, but trying a LOT is likely … Read more