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 December 16, 2011. Click here to read the entire piece.) Eventually, the broken clocks calling for another massive sell-off in gold could be right. I sure hope so. I need to add to my current holdings at cheaper prices. The latest … Read more
2011 has turned in to a tough year for rare earth producer Molycorp (MCP). After increasing almost 4 times in 2010 from its opening price, MCP has suffered a slow and steady decline since hitting all-time highs in early May. MCP is now down 44% for the year. Source: FreeStockCharts.com Molycorp’s weakness comes on the … Read more
This is an excerpt from an article I originally published on Seeking Alpha on December 5, 2011. Click here to read the entire piece.) The Australian dollar was a particularly strong beneficiary of last week’s bullish euphoria. Although the dollar index has only lost about 1% since its most recent peak on Friday, Nov 25, … Read more
This is an excerpt from an article I originally published on Seeking Alpha on November 27, 2011. Click here to read the entire piece.) The Conference Board of Canada anticipates stronger growth in Canada over the next two years. The sovereign debt crisis in Europe represents the most significant downside risk to this forecast: {snip} … Read more
This is an excerpt from an article I originally published on Seeking Alpha on November 27, 2011. Click here to read the entire piece.) The U.S. dollar’s role as a “safety” currency has finally returned although the market has only reluctantly marched back to the dollar’s printing presses. This year’s first two market swoons sent … Read more