ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
The recent plunge in Eros International (EROS) is finally getting some mainstream media attention in the U.S. Bloomberg ran a story on Friday, October 23. This attention finally prodded EROS management to issue a statement about the latest drama in its stock. Reuters quickly followed with a story on that press release. Forbes Asia did … Read more
Two months ago I wrote “Disney’s Bearish Breakdown: A Case Study of Risk Management for Long-Term Investors” as a model for how to both respect a bearish development in a stock while staying focused on the long-term potential. Disney has already left those bearish tidings behind and is now ripping higher ahead of earnings on … Read more
On October 13, 2015, Eros International, Plc (EROS), a major distributor and producer of Indian entertainment, held its inaugural Investor Day. The stock has been plunging ever since. Source: FreeStockCharts.com I have been tracking this stock ever more closely since the first big drop. I enjoy Bollywood flicks, Bhangra, and Indian pop music, so I … Read more
It was early August, 2015 and Disney (DIS) had just created a ruckus by addressing “cord-cutting” and admitting softer than expected results at ESPN. Cord-cutting is the practice of cancelling subscription or pay-tv services like cable TV in favor of cheaper alternatives (including not watching TV at all). There is also growing interest in “never … Read more
The stock of Disney (DIS) has suffered a massive and very bearish breakdown this month. At the time of writing, the stock has lost 19% since closing at its last all-time high. Source: FreeStockCharts.com Disney’s first breakdown came earlier this month. The stock lost 9.2% and closed below its 50-day moving average (DMA) on extremely … 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 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 are … 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 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 are … Read more