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. Click here to read the entire piece.) Research In Motion (RIMM) will report earnings Friday, September 15. As usual, I will be most interested in finding out how aggressively RIMM has executed on its latest stock repurchase authorization that began in July.The … 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 Status: 22% VIX Status: 39 General (Short-term) Trading Call: Hold (more details below). Commentary There is nothing like … 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 Status: 28% VIX Status: 34 General (Short-term) Trading Call: Hold. Commentary This is just a quick T2108 update … Read more
Swiss Franc Peg – Swiss Central Bank Move 'Huge Mistake': Jim Rogers – CNBC The move "will work for a while, but the market will have more money in the end than the SNB," Rogers, who was the co-founder of the Quantum Fund with George Soros, told CNBC.com. The Swiss central bank risks losing "a … 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 Status: 22% VIX Status: 37 General (Short-term) Trading Call: Hold. Commentary T2108 briefly dipped into oversold territory as … Read more