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 January 6, 2014. Click here to read the entire piece.) This year started off with a strange combination of trades. One of the more surprising was to watch the U.S. dollar index (UUP) start the year strong at the same time … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on September 15, 2013. Click here to read the entire piece.) The U.S. Postal Service is engaged in a well-publicized battle for survival in this era of digitization. With the closure of its paper mill in Courtland, Alabama, International Paper (IP) has … Read more
This chart review covers the following stocks Apple (AAPL), Amazon.com (AMZN), Best Buy (BBY), Skull Candy (SKUL), Priceline.com (PCLN), Hewlett-Packard (HPQ), and Caterpillar (CAT). Apple (AAPL) In retrospect, last Monday’s plunge now looks like some kind of “manipulation.” The stock plunged 3.2% on no immediate news so the selling looked like follow-through to the previous … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on July 1, 2013. Click here to read the entire piece.) One of the scenarios I did not consider in my longstanding bullishness on gold is that the bond market might actually rise up AGAINST the wishes of the Federal Reserve. If … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on July 29, 2013. Click here to read the entire piece.) {snip} When King uttered these words in his final Inflation Report as Governor of the Bank of England (BoE), there was no sudden surge in interest rates or sell-offs in financial … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 19, 2013. Click here to read the entire piece.) The mixed signals from financial markets continue as interest rates continue to climb. In fact, the steady rise in rates is the main feature within a swirl of inconsistent patterns. The … Read more
Amazon.com (AMZN) The day after Amazon.com (AMZN) reported earnings, it soared in typical fashion after faking out traders with a lower print. I was able to once again execute the post-earnings AMZN trade successfully. It has been all downhill for AMZN since then. On Tuesday (August 13) the stock finally closed below the intraday low … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 13, 2013. Click here to read the entire piece.) If there was any time for Teucrium Corn (CORN) to finally bounce, Monday (August 12, 2013) was it. The United States Department of Agriculture (USDA) announced its projection for record corn … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are highly likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on June 11, 2013. Click here to read the entire piece.) The Port Hedland Port Authority along the northern coast of Western Australia reported on June 10th surprising news on an iron ore shipment: {snip} The Port does not report the value … Read more