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 February 27, 2012. Click here to read the entire piece.) GrafTech International Ltd (GTI) is a small company with a $1.86B market cap whose fourth quarter and full year 2011 earnings report shed additional light on the weak solar sector and … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on February 26, 2012. Click here to read the entire piece.) When Lender Processing Services (LPS) reported fourth quarter and full 2011 earnings on February 13, the company provided downside guidance on earnings and revenues. When the stock opened 6% lower, it … Read more
A funny thing happened after I declared the “fun is done” in solar stocks: Suntech Power Holdings (STP) pre-announced higher than expected revenues and financial results for its fourth quarter, and SunPower Corporation (SPWR) reported earnings that gave solar traders and investors fresh hope. At one point, SPWR broke out from a nice consolidation above … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on February 13, 2012. Click here to read the entire piece.) Whirlpool (WHR) has gained 29% since reporting fourth quarter and full-year earnings on the morning of February 1. At the time, WHR represented an explosive combination of a business turning around … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on February 6, 2012. Click here to read the entire piece.) Soon after Amazon.com (AMZN) reported earnings last Tuesday, I wrote a post concluding that AMZN stock was worth a buy as soon as the stock opened for trading on Wednesday. This … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on February 1, 2012. Click here to read the entire piece.) Trading through the earnings of a highly volatile stock often feels like flipping a coin. A trader must try to predict the earnings results AND the market’s reaction to those results. … Read more
This is an excerpt from an article I originally published on Seeking Alpha on January 11, 2012. Click here to read the entire piece.) On October 4th, I lamented that I missed out on trading a nice bounce in Eastman Kodak (EK) after the company refuted rumors it would file for bankruptcy. When EK fell … Read more
This is an excerpt from an article I originally published on Seeking Alpha on January 3, 2012. Click here to read the entire piece.) LDK seems to have a penchant for starting the year with big announcements. Last year, the company significantly increased sales guidance. This year, LDK comes out the gate announcing a bid … Read more
This is an excerpt from an article I originally published on Seeking Alpha on December 20, 2011. Click here to read the entire piece.) Last week, Joy Global (JOY) reported its fourth quarter and 2011 operating results and provided some valuable details on the outlook for commodities in 2012. JOY blames inventory destocking for the … Read more
This is an excerpt from an article I originally published on Seeking Alpha on December 16, 2011. Click here to read the entire piece.) Research In Motion (RIMM) has dropped to prices last seen in 2004, yet management has not yet seen fit to buy a single share under its latest stock repurchase authorization. According … Read more