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 October 30, 2011. Click here to read the entire piece.) Mark Smith, CEO of rare earth miner and producer Molycorp (MCP), appeared on CNBC again to discuss his company’s business and conditions in the industry. Smith provided an interesting “sneak peak” … Read more
During a conference call on September 14th, investors urged Great Western Minerals Group (GWMGF.PK) President and CEO Jim Engdah to fill the company’s financing needs with a share offering. They preferred dilution to the potential of selling the company short in an offtake deal. They insisted time was of the essence while the stock was … Read more
This is an excerpt from an article I originally published on Seeking Alpha on October 30, 2011. Click here to read the entire piece.) The U.S. dollar was one of last week’s biggest losers during a very bullish week. As I have chronicled for several weeks now, the market’s bullish signals continue to grow. With … Read more
Rare earth producer Molycorp (MCP) appears to be on the edge of another big move. A Bollinger Band squeeze is again forming around the stock. A squeeze occurs as volatility decreases, and it typically leads to a burst of higher volatility in the form of a strong move up or down. The chart below uses … Read more
This is an excerpt from an article I originally published on Seeking Alpha. Click here to read the entire piece.) Commodities across the board have suffered mightily during the stock market’s recent correction. In the first phase of the sell-off (from late July to early August), a few commodity-related stocks triggered buys by erasing all … Read more