ONE-TWENTY TWO: Trading Financial Markets
Since the year 2000, delivering a different narrative for students and fans of financial markets: stocks, options, currencies, Bitcoin, and more…
A fresh buying opportunity may finally be unfolding in the solar sector. In Tech Trader Daily on Friday, Eric Savitz broke news that the U.S. government is launching an official investigation into alleged unfair trade and investment practices by the government of China in green technologies. Across the board, solar stocks were slammed in reaction … Read more
Oh to have the resources of China. The Financial Times reports in “China sits on up to $1.5bn in copper profits” that China has cleaned up in betting against the deflationary fears that gripped much of the planet in 2008-2009: “Beijing’s bet that a ‘super-cycle’ in metals markets would keep copper prices high, despite the … Read more
While most of the Western industrial world struggles with deflationary fears, Australia continues to worry about inflation. In tonight’s latest release on monetary policy, Reserve Bank of Australia (RBA) Governor Glenn Stevens states: “If economic conditions evolve as the Board currently expects, it is likely that higher interest rates will be required, at some point, … Read more
I bet many American solar companies wish they could get the kind of government sponsorship that Chinese solar companies can get from their government. Last week, I used Cetrotherm Photovoltaic’s deals with China as the latest examples of China’s seriousness about developing capabilities in solar technology. Today’s big news from China benefits LDK Solar, one … Read more
Centrotherm Photovoltaics is a German provider of technology and equipment for the photovoltaics industry. For example, the company is a developer and seller of “…turnkey production lines for the manufacture of crystalline solar cells, including the full range of engineering and technological process services.” Centrotherm’s business spans the entire photovoltaic supply chain from raw material … Read more
I am always intrigued by the words of optimism and the steadfast bullish arguments in the midst of market sell-offs. I am not talking about technical assessments calling for a short-term bounce. I am talking about the “everything is just fine” variety. Monday’s Nightly Business Report provided a picture-perfect example of such talk from Bernarnd … Read more
For many commodity-related stocks the bounce from the March, 2009 lows to the first peak in June encompasses the bulk of their respective gains in the past 15 months. The current, on-going correction has delivered such heavy losses to some of these stocks that they are now trading at those June, 2009 prices. About 1/3 … Read more
China’s Shanghai Composite Index plunged during most of 2008, bottoming at the end of October after a 68% loss. You could be excused for being unaware of the slow-moving crash at the time given all the hype about the summer Olympics in Beijing and the building excitement about investing in China as an “escape” from … 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 Wall Street Journal printed a trifecta of articles to day that seem to cry out for the dollar to lift its head out of the sludge. Coincidentally (or not), the dollar rallied for its biggest one-day gain in almost three weeks. In “Uncertainty May Help Dollar“, analysts remind us that the economic recovery remains … Read more