ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
First Solar Exec Gaffney Leaves; Profit Hit On Severance – Tech Trader Daily – Barrons.com (tags: First_Solar cadmium_telluride earnings) Housing Slump May Worsen Next Year, Not Get Better – CNBC.com Sales of existing homes will peak in the final quarter of 2009, then begin a year-long slide, which is likely to be a sharp one, … Read more
When I examined the trading patterns in Google’s stock (GOOG) between earnings reports, I found little consistency for forming a trading strategy. For October’s earnings cycle, I chose to play one of the few promising historical patterns: 67% of the times that GOOG opened up in response to earnings, the maximum close until the next … Read more
In early September, First Solar (FSLR) signed a deal with Ordos City, Inner Mongolia, China for a major solar farm project whose 4 phases will run until 2019. This week, FSLR and Ordos City signed a “Cooperation Framework Agreement” which… “…spells out additional project details and local support that advance the development of the 2 … Read more
The Psy-Fi Blog examined how being smart can lead to investing mistakes: “Intelligence Can Seriously Damage Your Wealth.” The first half of the piece discusses the results of an academic study showing how people who rate highest in SAT scores tended to rely on historical price performance to decide how to invest amongst an array … Read more
It has been a very long time since a stock blindsided me, but the sting is no less powerful! Yesterday, SunPower (SPWR) dropped the AA-bomb – audit and accounting, announcing that: “…based upon an internal review of its Philippine manufacturing operations, the company believes there may have been unsubstantiated accounting entries made in the first … Read more