ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Just when the current stampede out of commodities seemed to shout out that demand is quickly disappearing from the face of the earth, Cabot Corp. (CBT) announces that growing demand has pushed it to restart mining for tantalum in Canada: “Rising global demand for tantalum has caused Cabot Corp. to announce its intention to resume … Read more
(This is an excerpt from an article I published on Seeking Alpha. Click here to read the entire piece.) In my last piece on Research In Motion (RIMM), I described the details from the company’s conference call warning on this quarter’s earnings…RIMM barely paused to take in the scenery at the October lows. The stock … Read more
(This is an excerpt from an article I published on Seeking Alpha. Click here to read the entire piece.) After listening to Research In Motion’s conference call explaining the company’s downward guidance Thursday night, I thought I would write a piece just as bullish as management’s insistence that longer-term upside prospects remain unchanged. However, writing … Read more
Excerpt from an article I published on Seeking Alpha. Click here to read the entire piece: Google (GOOG) is down 9.2% since reporting earnings April 14 and now sports a forward earnings multiple of 13. At $525, GOOG is at 7-month lows and is again close to the psychologically significant $500 price level. This combination … Read more
This is a quick follow-up to my piece three days ago summarizing the pre-earnings technical outlook on Apple (“Apple Teeters On Critical Support Ahead of Earnings…and the Next Sprint Higher?“). I thought I would be writing this commentary AFTER earnings, but it seems Apple (AAPL) may have already started its next sprint to higher prices. … Read more