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 October 20, 2013. Click here to read the entire piece.) Homebuilders KB Home (KBH) and Lennar Corp. (LEN) both reported earnings on September 24th. I believe these were the first earnings reports for homebuilders after the Federal Reserve backed down from … Read more
It is that time again – Apple (AAPL) announces its latest earnings on October 28th. This post is another edition of my pre-earnings technical analyses that examines historical data to project the outcome for trading the day following earnings. The short story is that while I remain convinced that AAPL has turned bullish again, the … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on May 23, 2013. Click here to read the entire piece.) I have followed Lender Processing Services (LPS) for what seems like a very long time, a near lone voice on Seeking Alpha banging the table for LPS as a recovery play … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 15, 2013. Click here to read the entire piece.) TRI Pointe Homes (TPH) reported very strong earnings for the second quarter of 2013. {snip} Year-over-year results were strong, and TPH raised guidance for the year. {snip} Based on strong demand, … Read more
(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