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 Status: 37% VIX Status: 33 General (Short-term) Trading Call: Hold. Commentary T2108 is nearly unchanged from the last … Read more
'Go Where the Crisis Is — Europe' to Buy Stocks – TheStreet David Marcus, manager of the Evermore Global Value Fund, says alarming news stories about Europe's debt debacle — including a possible default in Greece — is creating the biggest bargains in two decades. As a global value-fund manager, Marcus has put his focus … Read more
On the morning of September 14, Great Western Minerals Group (GWMGF.PK) President and CEO Jim Engdahl held the company’s fourth CEO conference call. I became interested in Great Western through a friend who follows the rare earths industry very closely. According to the company: “Great Western Minerals Group Ltd. is an integrated Rare Earths processor. … Read more
Evergreen Solar and Solyndra Fail: Is Wall Street's Hatred of the Solar Industry Still "Irrational?" | Alternative Energy Stocks Much has been made this week about the nearly contemporaneous bankruptcy filings of two American solar companies, Silicon Valley’s Solyndra and Evergreen Solar (formerly ESLR) out of Massachusetts. These two had something in common: Both made … Read more
Obama signs patent reform bill – CNN.com "We have to do everything we can to encourage the entrepreneurial spirit wherever we find it," Obama said at a signing ceremony at a high school in Arlington, Virginia. This measure "cuts away the red tape that slows down our inventors and entrepreneurs." (tags: patents patent_law Obama reform)