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 17, 2013. Click here to read the entire piece.) In September of last year, Toll Brothers (TOL) printed a near 7-year high. It was the culmination of an amazing 12-month run that took the stock up 164% from a retest … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on May 9, 2013. Click here to read the entire piece.) In November of last year, I identified M.D.C Holdings, Inc (MDC) as my second favorite pick for homebuilders for 2013. The main attraction was the sharp drop in short interest in … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on July 27, 2013. Click here to read the entire piece.) Amazon.com’s (AMZN) last three earnings cycles were quite challenging for the AMZN post-earnings trade. As a reminder, the AMZN post-earnings strategy is simply to buy the post-earnings open and hold for … 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
Baidu (BIDU) A little over a month ago I advised that traders watch the volume on Baidu (BIDU). I showed the history of false breakouts and of breakdowns on high volume. The bad news is that June’s breakout redux failed and led to false hopes once again that BIDU could finally end its 2-year slide. … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on April 29, 2013. Click here to read the entire piece.) Meritage Homes Corp (MTH) is up 38% since I made it my #1 homebuilder stock for 2013. The stock is up 32% year-to-date. Too bad part of my investment strategy for … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on April 22, 2013. Click here to read the entire piece.) Suddenly, I am much more interested in the solar industry again. In late 2011, I tried to lay out some rules for identifying survivors of the solar recession (see “Using Debt-To-Equity … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on April 9, 2013. Click here to read the entire piece.) TRI Pointe Homes (TPH) is a 4-year old company based in Irvine, California that on January 31, 2013 became the first homebuilder to go IPO since 2004. The Starwood Fund, managed … 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 April 22, 2013. Click here to read the entire piece.) It is that time of year: the next earnings report from Apple (AAPL). {snip} As Aaron Task says in the intro of today’s Daily Ticker – “Bracing for Disaster: How Bad … Read more