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 June 1, 2015. Click here to read the entire piece.) OPEC (the Organization of the Petroleum Exporting Countries) meets this week on June 5th in a much different price environment for oil than the November, 2014 meeting. {snip} Sources: US. Energy … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on September 28, 2014. Click here to read the entire piece.) Australia’s Bureau of Resources and Energy Economics (BREE) recently released its September, 2014 quarterly report on Australia’s resources and energy sectors and analysis of key commodity markets. Each report includes forecasts … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on May 20, 2014. Click here to read the entire piece.) The miners of iron ore spent the last few years ramping up production capacity, and now they are ramping up production. The price of iron ore has steadily fallen in 2014 … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on April 9, 2015. Click here to read the entire piece.) {snip} The most striking feature of the minutes for the mid-March meeting was the Federal Reserve’s very mixed feelings toward the timing for the first rate hike: {snip} There are multiple … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on April 9, 2015. Click here to read the entire piece.) {snip} China looks likely to drop that next shoe on the the iron ore market. According to Reuters: “China is drawing up plans to subsidise its struggling iron ore sector, official … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on March 12, 2015. Click here to read the entire piece.) When I last wrote about the colorful CEO of Cliffs Natural Resources (CLF), Lourenco Goncalves, he was lambasting the Australians for manipulating their currency as a last desperate measure to save … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on February 20, 2015. Click here to read the entire piece.) I extend a hat tip to the Sydney Morning Herald for alerting me to the incendiary comments made by Lourenco Goncalves, the Chairman and Chief Executive Officer of Cliffs Natural Resources … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on January 19, 2015. Click here to read the entire piece.) {April 8, 2015 addendum: negative feedback loop is not the accurate term. I should have left it at feedback loops or even destructive feedback loops} {snip} {snip} There is every reason … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on October 5, 2014. Click here to read the entire piece.) {snip} Almost any piece these days discussing the price of iron ore refers to the growing supply gut caused by major iron ore miners who continue to produce and ship as … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on March 26, 2015. Click here to read the entire piece.) {snip} The response was swift. The The Australian Competition and Consumer Commission (ACCC) released a statement indicating it will investigate the context and nature of comments made by Andrew Forrest, founder … Read more