ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Elon Musk took a small hit on his two high-flying darlings Tesla (TSLA) and Solar City (SCTY) in the wake of recent earnings. Both represent some intriguing technical trading opportunities that I review in brief here. Tesla (TSLA) I used twitter to talk about Tesla pre and post-earnings. On Tuesday, November 5, I noted 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
(This is an excerpt from an article I originally published on Seeking Alpha on November 5, 2013. Click here to read the entire piece.) Three months ago I wrote about about a disconnect that I perceived between investor assessments of Whirlpool (WHR) versus homebuilders like Tri Pointe Homes (TPH). {snip} Fast forward to November 4th … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 4, 2013. Click here to read the entire piece.) The National Association of Homebuilders (NAHB) issued an important summary of recent economic and political news relevant to housing titled “Eye on the Economy: Slowing Sales.” Here are the key points … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 4, 2013. Click here to read the entire piece.) Last week, Statistics Canada reported year-over-year GDP growth of 2.0% for August, 2013 which beat analyst expectations of 1.7%. This growth translated into a 0.3% month-over-month increase. July delivered 0.6% growth … Read more