ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
(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 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 are … 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 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 are … Read more
It is earnings time for Apple (AAPL). Expectations are undoubtedly high after April’s huge post-earnings surge – the 8.2% one-day gain is, since 2007, second only to the 8.9% gain in April, 2012. The subsequent run-up certainly has me thinking AAPL has confirmed my expectations for eventual all-time highs. It is now time to temper … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on March 9, 2014. Click here to read the entire piece.) Way back on December 24, 2012, I wrote “Reasons To Bet On A 2013 Recovery For Skullcandy.” In less than two weeks, I had to write a near apologetic follow-up after … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on May 5, 2014. Click here to read the entire piece.) {snip} This quote is from a piece I wrote in early March titled “Apple’s Post-Earnings Buyback Fails To Sway Growing Negative Sentiment In The Stock.” At that time, I was wringing … 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 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 are … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on February 25, 2014. Click here to read the entire piece.) RealPage (RP) provides software for revenue management and other related services for managers of rental housing. After noticing that the stock had dropped over 20% in after hours trading following the … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on February 14, 2014. Click here to read the entire piece.) Twitter (TWTR) dropped 24% after reporting much anticipated earnings on February 5th. This drop completed a quick journey from a “crescendo top” that I described (fortuitously) in late December. Shortly afterward … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on February 10, 2014. Click here to read the entire piece.) After writing about the bullish earnings report from D.R. Horton (DHI), I have looked for further confirmation from other major public homebuilders. Meritage Homes (MTH) remains on my list of favorites … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on January 29, 2014. Click here to read the entire piece.) In several posts, I have noted that the consolidation in 2013 for homebuilder stocks could become a springboard for a fresh rally in 2014. It seems the homebuilder breakout may have … Read more