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 November 19, 2013. Click here to read the entire piece.) The National Association of Homebuilders (NAHB) just released its November, 2013 report on builder confidence: the National Association of Home Builders/Wells Fargo Housing Market Index (HMI). It showed no change from … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 5, 2013. Click here to read the entire piece.) Three months ago I wrote about about a disconnect that I perceived between investor assessments of Whirlpool (WHR) versus homebuilders like Tri Pointe Homes (TPH). {snip} Fast forward to November 4th … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 4, 2013. Click here to read the entire piece.) The National Association of Homebuilders (NAHB) issued an important summary of recent economic and political news relevant to housing titled “Eye on the Economy: Slowing Sales.” Here are the key points … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on October 20, 2013. Click here to read the entire piece.) Homebuilders KB Home (KBH) and Lennar Corp. (LEN) both reported earnings on September 24th. I believe these were the first earnings reports for homebuilders after the Federal Reserve backed down from … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on September 29, 2013. Click here to read the entire piece.) {snip} Source: St. Louis Federal Reserve Homebuilder stocks joined most rate-sensitive plays by falling sharply from their lofty levels once the direction and momentum of rates became clear. {snip} I consider … Read more