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.) After discovering that shorts ramped ahead of earnings for Research In Motion (RIMM), I decided to check in again on the short interest in Lender Processing Services (LPS)… {snip} Source: NASDAQ.com So LPS caught bulls … 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.) T2108 Status: 47% and neutral. VIX Status: 17 (closed below last oversold period). General (Short-term) Trading Call: Hold. Commentary T2108 soared again, closing today at 47% and a high for June. … 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.) T2108 Status: 39% and neutral. VIX Status: 19. General (Short-term) Trading Call: Hold (or sell some positions to preserve some profit and/or maintain cash for buying into the next dip). Commentary … Read more
(This is an excerpt from an article I originally published on Seeking Alpha. Click here to read the entire piece.) You know something is broken when the CEO of a company promises to spend over $1M of her own money and the stock still falls over 20%. This is the current problem with China DangDang, … Read more
Silver's price rise clouds outlook for solar panels | The News Journal | delawareonline.com Soaring silver prices are hampering the solar industry's ability to compete with fossil fuels. Panel makers consume about 11 percent of the world's supply of silver, used to conduct electricity in solar cells…High silver prices may provide a competitive advantage to … Read more