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 February 12, 2012. Click here to read the entire piece.) Perhaps I should all the recent call option activity in Lender Processing Services (LPS) should not surprise me given a massive foreclosure deal between banks and federal and state governments arriving … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on February 7, 2012. Click here to read the entire piece.) Lender Processing Services (LPS) has gained 31% year-to-date. This jump follows the activity of intrepid traders/investors who loaded up on LPS June $21 call options in December – these call options … Read more
I have written several pieces recently on the housing industry, starting with “Time to Buy the Dips in Homebuilders” (click here for an archive of my articles on housing). The main theme has emphasized that now is the time to start investing in a bottom in housing that I anticipate happening next year. I have … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on January 31, 2012. Click here to read the entire piece.) {snip} It turns out that there is yet one more reason for buying the dips in KBH. The company is second only to Meritage Homes Corporation (MTH) for the percentage of … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on January 31, 2012. Click here to read the entire piece.) {snip} Dynex Capital (DX) is one of several companies in the business of buying mortgage-backed securities. Specifically: {snip} Dynex Capital (DX) came to my attention because on Friday the company raised … Read more