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 October 26, 2012. Click here to read the entire piece.) After Apple (AAPL) re-opened for after-hours, post-earnings trading, I could tell the reaction would be mild when the stock barely dropped below $600 and immediately bounced. {snip} Regardless, anywhere around current … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on October 22, 2012. Click here to read the entire piece.) {snip} Google (GOOG) GOOG was a stock that had a lot of momentum off the summer lows although it still trailed the NASDAQ (QQQ) year-to-date. Ironically, GOOG finally caught up to … Read more
Just last week, I noted how Netflix (NFLX) neatly confirmed a bearish abandoned baby top with another earnings implosion. However, I did not discuss in more detail the implications of the stock’s strong bounce from its lows on the day although I tweeted about it. The following day, NFLX had a strong day marginally closing … Read more
Google (GOOG) reports earnings tonight (October 18th). I ran out of time for running my “earnings trade template,” but I wanted to take a few minutes to post some interesting observations on GOOG options. These may become good references for the next round of earnings. (See “Chipotle Bears Ready For Another Poor Earnings Performance But … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on August 30, 2012. Click here to read the entire piece.) When I wrote “Wide Options Skew Heightens Risks Of Trading Yelp.com Lockup Expiration,” my main point was that Yelp.com (YELP) put options seemed too expensive to take the risk of playing … Read more