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 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