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 14, 2012. Click here to read the entire piece.) Netflix (NFLX) is a classic bear/bull battleground stock. Depending on your mood, you can be convinced by the bullish or the bearish arguments. {snip} In the near-term, I think the biggest … Read more
(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
As the stock market gains new momentum, interesting charts are bound to appear everywhere. Priceline.com (PCLN) and Baidu (BIDU) are two of many with interesting post-earnings patterns. I covered the post-earnings set-up on priceline.com (PCLN) on August 11th (see “Priceline Not Likely to Recover Post-Earnings Losses In the Near-Term“). PCLN never closed below the critical … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 10, 2012. Click here to read the entire piece.) {snip}…The chart below represents all of YELP’s trading history to-date. Source: FreeStockCharts.com The chart cannot show the magnitude of the trading volume given the large distortion from the first day of … 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