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 7, 2012. Click here to read the entire piece.) Kb Home (KBH) has finally recovered most of its losses following its March 23rd earnings report. On that day, the market took KBH down 8.5% in response to those earnings, but … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on May 31, 2012. Click here to read the entire piece.) The SPDR S&P Homebuilders ETF (XHB) has remained amazingly resilient during the stock market’s latest rendition of the “sell-in-May” swoon. {snip} Source: FreeStockCharts.com I believe this trading action is consistent with … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on April 16, 2012. Click here to read the entire piece.) On January 13th this year, I argued that it was time to buy the dips in homebuilders in preparation for a bottom sometime in 2013. I targeted KB Home (KBH) in … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on March 26, 2012. Click here to read the entire piece.) Despite an improving outlook for KB Home (KBH), the stock sold off post-earnings on Friday. KBH dropped 8.5% for the day after dropping as much as 15.0% and after closing the … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on March 20, 2012. Click here to read the entire piece.) Kb Home (KBH) dropped 6.8% on Monday, March 19. KBH last sold off this heavily over four months ago. Buyers of call options rushed in to take advantage. For the April … Read more