ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
(This is an excerpt from an article I originally published on Seeking Alpha on May 10, 2017. Click here to read the entire piece.) When I first identified a potential bottom for the iPath Bloomberg Cocoa SubTR ETN (NIB), I did not envision the volatile process that has since unfolded. I particularly did not anticipate … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on April 5, 2017. Click here to read the entire piece.) The International Cocoa Organization (ICCO) recently released its monthly market report for February. February was of course the month of an accelerated price decline for cocoa. Cocoa hit, and retested, a … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on March 14, 2017. Click here to read the entire piece.) {snip}…a volume surge and a gap up in NIB makes it a LOT more likely a bottom is finally forming in NIB (and by association cocoa prices). NIB closed the day … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on February 27, 2017. Click here to read the entire piece.) In late August, 2016, I got ready to buy back into the iPath Bloomberg Cocoa SubTR ETN (NIB) as a part of my strategy to trade its price range at that … Read more
I last wrote about cocoa in July, 2015 in a piece called “Even Cocoa Starts to Waver In the Face of the Collapse In Commodities.” I wrote that iPath Bloomberg Cocoa SubTR ETN (NIB) had met my price target for selling, and I awaited my next entry point. I passed up two subsequent dips, but … Read more
A month ago, I wrote about the resilience of cocoa prices in the face of an avalanche of weaker agricultural prices. Given my opportunistic strategy for trading cocoa through the iPath Bloomberg Cocoa SubTR ETN (NIB), I laid out a price target for locking in profits on the latest trade. I have since sold my … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 24, 2014. Click here to read the entire piece.) Nine months ago I wrote a piece describing the investment/trading opportunity in cocoa with a focus on iPath DJ-UBS Cocoa TR Sub-Idx ETN (NIB); iPath Pure Beta Cocoa ETN (CHOC) has … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on February 24, 2014. Click here to read the entire piece.) On Friday, February 14, 2014, Nightly Business Report produced a timely segment on chocolate and the strong growth in worldwide demand that challenges global supplies. My ears really perked up when … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on September 16, 2013. Click here to read the entire piece.) As markets head into a much anticipated Federal Reserve decision that should feature some resolution on the tapering question, I found it interesting to rewind the tape back to the recent … Read more