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 January 4, 2013. Click here to read the entire piece.) {snip} This reversal was punctuated by Chapman Capital’s Robert Chapman revelations on January 3rd that he bought HLF on the cheap to trade directly against Ackman. Source: FreeStockCharts.com Herb Greenberg of … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on December 24, 2012. Click here to read the entire piece.) So it turns out that Bill Ackman, with his hedge fund Pershing Square Capital Management, is the “big whale” behind the massive short position built against Herbalife (HLF). Ackman indicated that … Read more
Nike (NKE) Just 6 months ago, Nike (NKE) posted earnings that disappointed investors to the tune of a 9.4% one-day drop. That drop was unusually large for NKE, but it printed the stock’s low for 2012. The stock steadily ground its way higher and filled its gap down within a month. NKE next stalled at … 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.) The Amazon.com post-earnings trade ended down for this final quarter of the year. It was a rare miss that included some important moves in the stock. The chart below shows the … 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