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. Click here to read the entire piece.) You know something is broken when the CEO of a company promises to spend over $1M of her own money and the stock still falls over 20%. This is the current problem with China DangDang, … Read more
OK. I admit. This post is just an excuse to share what I think is a hilarious music video “Whole Foods Parking Lot.” Even if you do not like rap music, I recommend checking it out. It is about suburban angst (well, as suburban as West Los Angeles can get) exploding in the parking lot … Read more
Last week, CNBC interviewed Visa (V) CEO and Chairman Joseph Saunders. The title “Building the Digital Wallet” caught my attention because I am invested in Blaze Mobile, a start-up whose main product, Blaze Mobile Wallet, enables mobile payments, banking, and ticketing. Visa invested in mobile payment start-up Square in April, 2011, and the company’s plan … Read more
I was very skeptical of Bernie Schaeffer’s choice of XRT, the SPDR S&P Retail ETF, as one of his top three recommendations in late November. He chose XRT as a contrarian play in the face of heavy skepticism about the health of the consumer. XRT slogged and churned for over two months before breaking out … Read more