ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
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
After months of steady recovery and on-going increases in commodity prices, Bucyrus International (BUCY) has finally gone from tepid to bullish in its outlook. During August’s conference call, Timothy Sullivan, President & CEO, declared that “we’re not as pessimistic as most but we’re certainly not optimistic” and it is “anyone’s guess” what specific revenues and … Read more
September has been very kind to solar stocks as most have awakened from summer doldrums and slumber to rise with the rest of the soaring stock market. This new raging fire has motivated me to get more active in trading solar stocks as well, even as it has sometimes been very difficult to keep up … Read more