ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
U.S. solar firms' 3Q accounting may get hard look | Reuters Solar companies are likely to report their brightest earnings in a year as the industry emerges from a brutal downturn, but analysts warn aggressive accounting may cast a shadow on the sector's outlook. (tags: solar companies are likely to report their brightest earnings in … Read more
Small comments can spark big moves in the currency market. Yesterday afternoon, Chris Giles of the Financial Times posted a summary of his interview with the Bank of England’s head of markets and quantitative easing Paul Fisher. Fisher rejected the notion that the Bank of England has made a conscious effort to direct future exchange … Read more
I have not reviewed T2108, the percentage of stocks trading above their 40-day moving average (DMA), or its close cousin T2107, the percentage of stocks trading above their 200-day moving average, since late April (click here for the review). For most of the intervening weeks and months, the message has remained the same: over-bought and … Read more
Solar Stocks Slide On Worries Over German Subsidies – Tech Trader Daily – Barrons.com (tags: solar energy,Germany,subsidies) Triffin’s Dilemma, Reserve Currencies, and Gold (tags: U.S dollar,Triffin's Dilemma,gold) US Dollar Doom Video from CNBC Jim Rickards, director of market intelligence for scientific consulting firm Omnis, shares his outlook for the dollar. USD to lose up to … Read more
Intel (INTC) delivered a stellar earnings report Tuesday evening with revenues and margins that beat expectations. However, do not expect an encore in the near-term because INTC’s historical performance suggests this may be as good as it gets for a while. Q3 revenues were $9.4B with consensus expectations for $9.04B. The 17% sequential growth in … Read more