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 July 27, 2013. Click here to read the entire piece.) Amazon.com’s (AMZN) last three earnings cycles were quite challenging for the AMZN post-earnings trade. As a reminder, the AMZN post-earnings strategy is simply to buy the post-earnings open and hold for … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on July 26, 2013. Click here to read the entire piece.) Second quarter GDP growth in the UK met “expectations” with a 0.6% gain over the first quarter and a 1.4% gain year-over-year. This is the first estimate and uses 44% of … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on July 25, 2013. Click here to read the entire piece.) Something special must be happening in Lancaster, California, a small town of 155,000 people about 70 miles north of Los Angeles. After finding a thriving land development project in Lancaster, American … 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 highly 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 … Read more
Harbalife (HLF) is on the verge of a major breakout. The stock gained another 2.5% on Friday to close at $55.80, just below the intraday high from July 31, 2012. The charts below show over a year’s worth of trading. The next chart zooms in a little so that you can read the notes I … Read more