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 October 28, 2013. Click here to read the entire piece.) Canadian monetary policy may have experienced an important change-up. With last week’s announcement on monetary policy, the Bank of Canada became a little more dovish. The sharp response in the Canadian … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on October 24, 2013. Click here to read the entire piece.) When I saw the Wednesday (October 23, 2013) headlines screaming that European Central Bank (ECB) President Mario Draghi indicated he had no hesitation about failing banks in upcoming, comprehensive stress tests, … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on October 21, 2013. Click here to read the entire piece.) Last month Coldwater Creek (CWTR) issued an earnings report that made it pretty clear the company is headed toward bankruptcy unless it finds an 11th hour savior. {snip} Source: FreeStockCharts.com The … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on October 20, 2013. Click here to read the entire piece.) This post rides piggyback on a recent Seeking Alpha Market Current quoting concerns from Art Cashin (formerly featured on CNBC) regarding “a bubble in cloud/mobile tech names” and is a follow-up … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on October 20, 2013. Click here to read the entire piece.) Homebuilders KB Home (KBH) and Lennar Corp. (LEN) both reported earnings on September 24th. I believe these were the first earnings reports for homebuilders after the Federal Reserve backed down from … Read more