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 March 2, 2014. Click here to read the entire piece.) On February 6, 2014, the Wall Street Journal reported that Apple (AAPL) had snatched up $14B worth of its own stock following January’s post-earnings sell-off: $12B in an accelerated buyback and … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on February 14, 2014. Click here to read the entire piece.) Twitter (TWTR) dropped 24% after reporting much anticipated earnings on February 5th. This drop completed a quick journey from a “crescendo top” that I described (fortuitously) in late December. Shortly afterward … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on February 25, 2014. Click here to read the entire piece.) So far, 2014 has included more angst about emerging markets, a large (and temporary) spike on volatility, a sharp rally in bond prices, and an impressive (counter-trend) rally in gold. Through … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on February 20, 2014. Click here to read the entire piece.) Since reaching an inflation-adjusted high (at the time) in May, 2012, Canada’s wholesale sales have been relatively stagnant except a one-month surge the following May that beat the high (I used … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on February 3, 2014. Click here to read the entire piece.) On January 22, 2014, the Bank of Canada left its target overnight interest rate at 1%. However, the Canadian dollar (FXC) slid quickly against the U.S. dollar anyway as the currency … Read more