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 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
(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 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 are … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on Aug 17, 2013. Click here to read the entire piece.) The headlines seem pretty ominous: a record number of young adults aged 18-31 are living at home with their parents. The percentage of young adults under such living arrangements has shot … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on Aug 17, 2013. Click here to read the entire piece.) In the past few weeks, we have read articles and studies describing the delayed household formation of younger Americans. I covered them in “The Housing Recovery Will Proceed Even With The … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on Aug 11, 2013. Click here to read the entire piece.) “That’s perhaps one of the geniuses in the way the village movement has been set up, because it takes into account the fact that we are all aging in different ways … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on July 30, 2013. Click here to read the entire piece.) Depressed asset markets often include inherent supply/demand ironies. When prices drop to depressed levels, buyers should show up in droves to take advantage of the bargains. Of course, a market gets … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on January 12, 2014. Click here to read the entire piece.) Meritage Homes (MTH) rolled out a series of announcements last week culminating in the pricing of 2.2M shares in a common stock offering at $45.75/share. With net proceeds of $95.9M, this … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on January 13, 2014. Click here to read the entire piece.) {snip} And so it seems an analyst at FBR is longing for those days when TPH could be bought at an attractive discount. FBR downgraded the stock from buy to neutral … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on December 17, 2013. Click here to read the entire piece.) The latest National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) surged to 58 from 54. The NAHB pointed to pent-up housing demand from the government shutdown as a … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 26, 2013. Click here to read the entire piece.) On Monday (November 25, 2013) the National Association of Realtors (NAR) reported a fifth straight month of declining pending home sales. NAR chief economist Lawrence Yun projects that 2013 will end … Read more