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 September 23, 2012. Click here to read the entire piece.) Over a month ago, I claimed that First Solar (FSLR) is just a trading stock, meaning that sentiment would primarily drive the stock and both bears and bulls would find great … Read more
For the first time in over two months, Apple (AAPL) closed the week on a down note with a loss on Friday. These two months stand out because AAPL has tended to close the week meekly (Thursday and Friday) since 2010. Not only did this past Friday break a 9-week winning streak, but also the … Read more
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are highly likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on September 12, 2012. Click here to read the entire piece.) In one more day, the Federal Reserve announces its next decision on monetary policy. In anticipation, the dollar (UUP) has traded lower and lower. The Australian dollar (FXA) has been one … Read more
The stocks market’s slow action hides all sorts of dramatic action in individual stocks. For this chart review, I take a look at a range of performers. Google (GOOG) has broken out to fresh five-year highs. First Solar (FSLR) has more than doubled since its June lows. Baidu (BIDU) has sold off for over a … Read more