Homebuilders Press On With Expansion Plans

(This is an excerpt from an article I originally published on Seeking Alpha on September 6, 2013. Click here to read the entire piece.) Homebuilders have claimed immunity from higher interest rates, and they are acting like it. Today (September 4th), Meritage Homes (MTH) and M.D.C. Holdings (MDC) announced their continuing expansion and investment in … Read more

International Paper Continues Business Adjustment As Accelerating Digitization Forces Mill Closure

(This is an excerpt from an article I originally published on Seeking Alpha on September 15, 2013. Click here to read the entire piece.) The U.S. Postal Service is engaged in a well-publicized battle for survival in this era of digitization. With the closure of its paper mill in Courtland, Alabama, International Paper (IP) has … Read more

Time to Watch the Forex Action Unfold: React, Not Anticipate

(This is an excerpt from an article I originally published on Seeking Alpha on September 26, 2013. Click here to read the entire piece.) It has been a week since the Federal Reserve surprised the globe when it backed off from its earlier tough talk about bond tapering. The U.S. dollar index (UUP) plunged in … Read more

An Apparent About Face As Carney Bails On QE, Provides Rocket Fuel for the Pound

(This is an excerpt from an article I originally published on Seeking Alpha on September 27, 2013. Click here to read the entire piece.) A simple statement is all it took: “THE Bank of England would consider the case for more quantitative easing should the recovery falter, Mark Carney told the Yorkshire Post. ‘But my … Read more

T2108 Update (September 24, 2013) – Fed Fade Complete as Markets Prepare to Meander(?)

(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