ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Why streaking silver now seems shaky – precious metals – Bill Fleckenstein Yes, silver could double over the next couple of years, but it is quite possible for it to drop 20% in a short stretch along the way and have that be nothing but noise. With silver, even more so than gold, it pays … Read more
(This is an excerpt from an article I published on Seeking Alpha. Click here to read the entire piece. Full article includes extensive notes from LPS’s last earnings conference call.) For two weeks, I have tried to post my notes from the first quarter earnings conference call for Lender Processing Services, Inc (LPS), a major … Read more
(This is an excerpt from an article I published on Seeking Alpha. Click here to read the entire piece.) It has been a while since I last looked at Deutsche Bank (DB). At that time, I was focused on a pairs trade strategy versus Goldman Sachs (GS). So when I noted last week that GS … Read more
Dear Readers, I am writing to alert you to a change in my publishing model that may have a slight impact on the way you consume content at “One-Twenty Two.” If you do not want to read my nostalgia and a brief history of this blog, you can skip down to the section at the … Read more
What has changed in the two months it took for silver to stampede its way up $15 (a 43% gain) and back? Did the Federal Reserve raise rates? Did the Federal Reserve threaten the market with rate hikes? Did the housing market rebound sharply, generating an expectation for higher rates? Did inflation expectations adjust sharply? … Read more