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 December 6, 2012. Click here to read the entire piece.) On Monday, November 3, Bloomberg reported that Credit Suisse Group AG (CS) will soon charge negative interest rates on cash balances denoted in Swiss francs (FXF). Francs are increasingly becoming trash … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on December 6, 2012. Click here to read the entire piece.) The Amazon.com post-earnings trade ended down for this final quarter of the year. It was a rare miss that included some important moves in the stock. The chart below shows the … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on December 3, 2012. Click here to read the entire piece.) I was absolutely fascinated by a recent Seeking Alpha piece titled “The Surprising Truth Behind Herbalife Put Volume.” It is a revealing treatise and a cautionary reminder of why traders must … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 28, 2012. Click here to read the entire piece.) On October 25th, I noted how intrepid traders had loaded up on November $45 puts ahead of news that Monster Beverage Corporation (MNST) was implicated in a lawsuit over the death … 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