ONE-TWENTY TWO: Trading Financial Markets
Since the year 2000, delivering a different narrative for students and fans of financial markets: stocks, options, currencies, Bitcoin, and more…
(This is an excerpt from an article I originally published on Seeking Alpha on January 22, 2012. Click here to read the entire piece.) So Eastman Kodak (EKDKQ.PK) was rearranging chairs on the deck of the Titanic after all. Late Wednesday night (January 18), Kodak announced that it will file a voluntary bankruptcy using an … Read more
This is an excerpt from an article I originally published on Seeking Alpha on January 12, 2012. Click here to read the entire piece.) In “Why I Bought Eastman Kodak,” I noted the high amount of short interest in Eastman Kodak (EK) as one of four reasons to buy Kodak’s stock. I neglected to post … Read more
This is an excerpt from an article I originally published on Seeking Alpha on January 11, 2012. Click here to read the entire piece.) On October 4th, I lamented that I missed out on trading a nice bounce in Eastman Kodak (EK) after the company refuted rumors it would file for bankruptcy. When EK fell … Read more
Now that the stock market is in bear market territory and the ECRI has pronounced the U.S. (and indeed the world) is at the edge of another recession, we should expect to see a rapid increase in rumors of company bankruptcies. Many times, the stock market’s instant reaction to sell first and ask questions later … Read more
Bullard Says Fed Could Ease Further – Bloomberg St. Louis Federal Reserve President James Bullard said the Fed is prepared to ease policy should the U.S. economy weaken, while keeping an eye on inflation risks. “The Fed has potent tools at its disposal and is not now, or ever, out of ammunition,” Bullard said today … Read more