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 29, 2014. Click here to read the entire piece.) In several posts, I have noted that the consolidation in 2013 for homebuilder stocks could become a springboard for a fresh rally in 2014. It seems the homebuilder breakout may have … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on May 29, 2013. Click here to read the entire piece.) Back in March, 2013, an intriguing article appeared in The Atlantic Cities called “The Great Senior Sell-Off Could Cause the Next Housing Crisis.” Author Emily Badger interviewed demographer Arthur C. Nelson, … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on January 6, 2014. Click here to read the entire piece.) {snip} The above quote pretty much sums up the attitude of homebuilders (ITB) going into 2014. It sounds like a classic sales pitch from a real estate agent, but the evidence … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on September 6, 2013. Click here to read the entire piece.) Homebuilders have claimed immunity from higher interest rates, and they are acting like it. Today (September 4th), Meritage Homes (MTH) and M.D.C. Holdings (MDC) announced their continuing expansion and investment in … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on December 14, 2012. Click here to read the entire piece.) Nine months ago, I wrote about Vertical Capital Income Fund as a way to participate in the bottoming of housing through an investment in mortgages. On November 28th, I checked in … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 26, 2012. Click here to read the entire piece.) I have followed Lender Processing Services (LPS) for a little over two years. It all started soon after LPS sold off swiftly in the wake of disclosures regarding “foreclosuregate” in late … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 26, 2012. Click here to read the entire piece.) {snip} It is hard to be bearish on the U.S. economy when housing is working. Homebuilders are also the ultimate play on the U.S. economy given the minimal (direct) linkage to … Read more
This is an excerpt from an article I originally published on Seeking Alpha on November 17, 2012. Click here to read the entire piece.) Zillow’s Q3 negative home equity report helps to shed more light on the underlying factors supporting the housing recovery. According to Zillow (Z): “…high negative equity rates have contributed to appreciation, … Read more
This is an excerpt from an article I originally published on Seeking Alpha on November 14, 2012. Click here to read the entire piece.) By now, news about the budding housing recovery should feel like very old news. However, I think it still makes sense to continue checking in with companies with front row seats … Read more
This is an excerpt from an article I originally published on Seeking Alpha on November 5, 2012. Click here to read the entire piece.) Back in February, I reviewed the latest earnings report from Whirlpool (WHR) and concluded that the stock still had upside but it was better to buy on a dip. {snip} Source: … Read more