ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Nothing like some geo-political drama to throw in some extra uncertainty into carefully laid out trading plans. After North and South Korea exchanged pleasantries early Tuesday, the dollar’s relief rally continued in dramatic fashion with a 1.3% gain. I am now even more convinced that the dollar will, sooner than later, retest the resistance at … Read more
PV Module Industry: Volume is Vanity, Profit is Sanity warns IMS Research | Solar Feeds News Network Despite shipments of PV modules set to grow in 2011, rapid price erosion may see a decline in market revenues next year according to the latest analysis from IMS Research. A detailed analysis of key industry metrics revealed … Read more
On Thursday, the stock market was rallying but Lender Processing Services (LPS) was selling off on high volume. At its lowest point, within an hour of trading, LPS was down 7.5% on heavy volume. The stock recovered the rest of the day to close down 3.5%. It turns out that LPS was mentioned during testimony … Read more
A Chemist Explains Why Gold Beat Out Lithium, Osmium, Einsteinium …: Planet Money : NPR The periodic table lists 118 different chemical elements. And yet, for thousands of years, humans have really, really liked one of them in particular: gold. Gold has been used as money for millennia, and its price has been going through … Read more
When the Federal government begins its withdrawal from the economy, the implications will be large and the ramifications likely painful. We saw it when Cisco’s stock plunged 16% after reporting earnings partially compressed by a reduction in government contracts. We see it every day as temporary Federal stimulus wanes and takes more and more steam … Read more