ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Research In Motion (RIMM) reported no share repurchase activity in its latest earnings report. The amount spent on this program remains at $775M of the $1.2B total authorized. Perhaps it makes sense that RIMM has saved its powder given the stock has trended upward since last quarter’s repurchase activity. Although RIMM provided guidance that remains … Read more
Over the past two months or so, analysts have rolled out a series of positive commentaries on the prospects for Research In Motion (RIMM) and its upcoming earnings announcement (March 31). The table below shows the wide range of upgrades and bullish price targets from various analysts. In addition, at least four analysts have issued … Read more
Ever since moving this site to a more standard blog format last September, I have been able to write more articles, more consistently. In that time, I hope I have delivered some value to those listening out there in the blogosphere. Now, it is time for a partial hiatus as I attend to personal and … Read more
U.S. schools in ‘category 5’ budget crisis – Education- msnbc.com Now, many states have nearly exhausted their windfalls from the federal economic stimulus plan, and with falling housing values shrinking property tax revenue — the largest source of public school funding — the question for state and local officials planning budgets for the next school … Read more
Sometimes you can be smarter than the market – most times you cannot. When someone, or some institution insists on trading in one direction, you are usually smart to hop aboard or just get out of the way. These are two time-tested lessons I chose to ignore in playing the Swiss franc in anticipation of … Read more