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 7, 2012. Click here to read the entire piece.) Many rare earth element stocks have taken on new life in 2012 as investors and traders have scrambled to speculate on some of 2011’s poor-performing stocks. The current run-up has been … Read more
This is an excerpt from an article I originally published on Seeking Alpha on December 29, 2011. Click here to read the entire piece.) On August 15th, Mark Smith, the President and CEO of rare earth producer Molycorp (MCP) made one of the strangest insider purchases I have ever observed. {snip} Two weeks ago, on … Read more
(This is an excerpt from an article I originally published on Seeking Alpha. Click here to read the entire piece.) On Tuesday, September 20, a JP Morgan (JPM) analyst slashed his price target on rare earth producer Molycorp (MCP) from $105 to $66. This reduction in upside from 100% to 25% helped plunge MCP to … Read more
(This is an excerpt from an article I originally published on Seeking Alpha. Click here to read the entire piece.) {snip} This piece is a follow-up post to “Preparing for Profits in a Resource-Constrained World” (Part 1) in which I discussed the implications of Jeremy Grantham’s fundamental thesis of a new world where resources are … Read more
(This is an excerpt from an article I originally published on Seeking Alpha July 5, 2011. Click here to read the entire piece.) On June 29, 2011, the New York Times ran a story called “The Fear of a Toxic Return” that provided lurid accusations of environmental mismanagement at the Malaysian rare earth refinery owned … Read more