ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Google (GOOG) reports earnings tonight (October 18th). I ran out of time for running my “earnings trade template,” but I wanted to take a few minutes to post some interesting observations on GOOG options. These may become good references for the next round of earnings. (See “Chipotle Bears Ready For Another Poor Earnings Performance But … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on October 1, 2012. Click here to read the entire piece.) The major paper currencies have an on-going problem – many of the financial authorities in charge of preserving their “value” are actively trying to drive that value downward, jawboning for a … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on October 17, 2012. Click here to read the entire piece.) Consol Energy (CNX) is the U.S.’s largest producer of coal from underground mines. {snip} The charts below show how CNX recently broke out and how it has traded relative to its … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on October 17, 2012. Click here to read the entire piece.) After Chipotle Mexican Grill (CMG) reported earnings in July, the stock fell 21.6%. This loss was CMG’s biggest in its almost seven years as a publicly traded company. The stock sold … 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