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 December 12, 2012. Click here to read the entire piece.) {snip} It is CTSH’s sixth straight positive close on strong buying volume. CTSH has closed up 9 out of the last 10 trading days. Source: FreeStockCharts.com Despite the strength on display, … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on December 3, 2012. Click here to read the entire piece.) I was absolutely fascinated by a recent Seeking Alpha piece titled “The Surprising Truth Behind Herbalife Put Volume.” It is a revealing treatise and a cautionary reminder of why traders must … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 28, 2012. Click here to read the entire piece.) On October 25th, I noted how intrepid traders had loaded up on November $45 puts ahead of news that Monster Beverage Corporation (MNST) was implicated in a lawsuit over the death … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on December 6, 2012. Click here to read the entire piece.) This is a quick follow-up to last week’s piece on Cognizant Technology (CTSH): “Cognizant Technology ‘On Watch’ For A Sell-Off Based On Put Option Volume.” At the time, I observed a … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 28, 2012. Click here to read the entire piece.) In late July, Cognizant Technology (CTSH) was consolidating after a steep post-earnings sell-off in May. At the time, I argued this marked an opportunity to start accumulating the shares (see “Planning … Read more