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 December 31, 2014. Click here to read the entire piece.) The concern for some solar investors going into December was that solar stocks were being unfairly sold off in sympathy with plunging oil prices. {snip} Source: FreeStockCharts.com In early December, I … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on December 30, 2014. Click here to read the entire piece.) After an additional dip, my thesis for playing another bottom in Teucrium Corn ETF (CORN) seems to finally be working. Since that article in mid-August, CORN is up 5.3% versus 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 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 are … Read more
As soon as I noticed the unusually high options trading activity in Conn’s Inc. (CONN), I triggered the trade I first discussed on December 12th. On the shortened trading day of Christmas Eve, January call options flew off the shelves in CONN. At the time of writing, the Jan $17.50s saw volume of 3,536 versus … Read more
I have already written a mea culpa on zulily, Inc. (ZU). However, I feel that my trade on this stock was so bad, it deserves a SECOND one… especially since as I write, the stock is down about 8% in what looks like continuation selling from November’s post-earnings breakdown and gap down. The stock is … Read more