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 August 11, 2012. Click here to read the entire piece.) Wednesday, August 8th was a rough day for priceline.com (PCLN). The company significantly pulled back current quarter revenue and earnings guidance based on expectations for poor performance in Europe: {snip} Moreover, … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 13, 2012. Click here to read the entire piece.) Since reporting earnings August, 1, First Solar (FSLR) has been on a tear. {snip} This trading action represents strong follow-through to the nascent bullish action I pointed out on June 19th: … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 6, 2012. Click here to read the entire piece.) The HOLDRS Retail ETF (RTH) made new all-time highs in late July, and the SPDR S&P Retail ETF (XRT) has remained in a trading range since failing a retest of its … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 5, 2012. Click here to read the entire piece.) On July 20th, I described the mechanics of making the pre-earnings trade on F5 Networks (FFIV) (see “Lessons From The F5 Networks Earnings Trade“). After finishing the post-earnings trade with a … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on July 30, 2012. Click here to read the entire piece.) For the second earnings cycle in a row, I failed to execute the post-earnings trading strategy for Amazon.com (AMZN) to buy the open (see “After Amazon.com Earnings, Buy The Stock At … Read more