ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. 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 posted on twitter using the #120trade hashtag) T2108 Status: 71% VIX Status: 23 … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. 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 posted on twitter using the #120trade hashtag) T2108 Status: 56% VIX Status: 21 … Read more
This is an excerpt from an article I originally published on Seeking Alpha on January 1, 2012. Click here to read the entire piece.) At the end of 2010, the Australian dollar closed at an all-time high against the U.S. dollar; the Aussie gained 14% and yielded 4.75% (for more details see “The Australian Dollar … Read more
This is an excerpt from an article I originally published on Seeking Alpha on December 29, 2011. Click here to read the entire piece.) On August 15th, Mark Smith, the President and CEO of rare earth producer Molycorp (MCP) made one of the strangest insider purchases I have ever observed. {snip} Two weeks ago, on … Read more
This is an excerpt from an article I originally published on Seeking Alpha on December 29, 2011. Click here to read the entire piece.) In early November, I wrote that a turnaround finally seems to be materializing for Lender Processing Services (LPS). Regulatory and legal issues have long been a severe overhang for LPS, so … Read more