ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
My case for managing risk by peeling back some of my holdings in homebuilders turned out to be quite timely. In what has become a near regular pattern for the iShares US Home Construction (ITB), sharp selling has quickly followed a strong run-up and rush of excitement in homebuilders. The sellers and bears are almost … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on February 24, 2013. Click here to read the entire piece.) There were a lot of interesting nuggets in the January existing home sales report from the National Association of Realtors (NAR). The continuing decline in housing inventory has really caught my … Read more