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 December 8, 2012. Click here to read the entire piece.) On November 8, 2012, Groupon (GRPN) reported earnings that disappointed the market. The following day the stock fell a stomach-churning 30% to fresh all-time lows. A week later, on November 15th, … Read more
Nike (NKE) Just 6 months ago, Nike (NKE) posted earnings that disappointed investors to the tune of a 9.4% one-day drop. That drop was unusually large for NKE, but it printed the stock’s low for 2012. The stock steadily ground its way higher and filled its gap down within a month. NKE next stalled at … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on December 6, 2012. Click here to read the entire piece.) The Amazon.com post-earnings trade ended down for this final quarter of the year. It was a rare miss that included some important moves in the stock. The chart below shows the … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on December 3, 2012. Click here to read the entire piece.) I was absolutely fascinated by a recent Seeking Alpha piece titled “The Surprising Truth Behind Herbalife Put Volume.” It is a revealing treatise and a cautionary reminder of why traders must … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 26, 2012. Click here to read the entire piece.) I have followed Lender Processing Services (LPS) for a little over two years. It all started soon after LPS sold off swiftly in the wake of disclosures regarding “foreclosuregate” in late … Read more