ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Famous short-seller Dick Chanos visited the CNBC set on April 14 and talked about his expanding list of targets that includes alternative energy, especially First Solar (FSLR). In response, the stock dropped 2.7% that day and did not stabilize until the stock lost almost 10% over the course of a week. Directly ahead of another … Read more
(This is an excerpt from an article I published on Seeking Alpha. Click here to read the entire piece.) After listening to Research In Motion’s conference call explaining the company’s downward guidance Thursday night, I thought I would write a piece just as bullish as management’s insistence that longer-term upside prospects remain unchanged. However, writing … Read more
Resist the madness of the crowd – investing psychology – MSN Money …what is required to make money is not a change in the business, but rather a change in the perception of that business. And if you are lucky enough to get both, you can benefit from a double whammy, as the earnings and … Read more
(This is an excerpt from an article I published on Seeking Alpha. Click here to read the entire piece) Perhaps it is not a good idea to use the term “watershed” twice in a year when referring to solar stocks, but it seems to me that Total Group’s acquisition of a 60% controlling stake in … Read more
Every now and then, I check in on the chart of Goldman Sachs (GS) as a potential indicator of the underlying health of the stock market. This year, I have been consistently surprised at Goldman’s persistent relative weakness compared to the general market. After recently refreshing my chart of the S&P 500 price in gold, … Read more