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 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
(This is an excerpt from an article I originally published on Seeking Alpha on October 11, 2012. Click here to read the entire piece.) When the Federal Reserve promises to print money for an indefinite amount of time, it seems obvious to put trashy cash into assets that cannot be so easily manufactured. This shift … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on October 14, 2012. Click here to read the entire piece.) U.S. homebuilders continue to beat a drum of optimism. KB Home (KBH) is no exception. In its July earnings report, KBH established a strategy of “Going on Offense”. KBH provided more … Read more