ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Here is my latest review of a few charts that have my attention: Apple (AAPL), BlackBerry (BBRY), Facebook (FB), and Autozone (AZO), Fossil (FOSL). Apple (AAPL) Fourteen (14) trading days have passed since Apple (AAPL) made a new low in its standing downtrend from last September’s all-time highs. The stock has closed above the downtrending … Read more
This is an excerpt from an article I originally published on Seeking Alpha on February 13, 2013. Click here to read the entire piece.) On Monday evening, February 11, 2013, Bernstein downgraded Facebook (FB) from Outperform to Market Perform. {snip} Source: FreeStockCharts.com In the downgrade, Bernstein cited concerns over ad pricing, revenue growth and valuation. … Read more
For this chartfest, I do not have time to provide extensive commentary. So, this is mostly a visual presentation of the charts with some labels or notes to point your attention to what I think is most interesting from a trading perspective. Feel free to post questions if anything is not clear. Enjoy…! I have … Read more
This is an excerpt from an article I originally published on Seeking Alpha on January 22, 2013. Click here to read the entire piece.) {snip} Seven months later, Facebook has tried to demonstrate that it is actively inventing new ways to keep its users engaged and monetized. For the last two months, the market has … Read more
Earnings announcements are supposed to reveal the fundamental strength (or weakness) in a company. The reaction to those earnings should indicate the underlying fundamentals of a company. Yet, there is no time like earnings where the contrast between the true fundamentals of a company and market sentiment can clash in the most dramatic fashion. Case … Read more