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 May 31, 2012. Click here to read the entire piece.) {snip} Since a spate of heavy call buying in February, short interest has taken a fresh plunge. It has now returned to levels last seen right before foreclosuregate exploded. Source: NASDAQ.com … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on March 19, 2012. Click here to read the entire piece.) I still believe that a bottom is coming for housing in 2013. Some areas of the country, like the Silicon Valley area of Northern California, have already left a bottom far … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on February 26, 2012. Click here to read the entire piece.) When Lender Processing Services (LPS) reported fourth quarter and full 2011 earnings on February 13, the company provided downside guidance on earnings and revenues. When the stock opened 6% lower, it … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on February 12, 2012. Click here to read the entire piece.) Perhaps I should all the recent call option activity in Lender Processing Services (LPS) should not surprise me given a massive foreclosure deal between banks and federal and state governments arriving … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on February 7, 2012. Click here to read the entire piece.) Lender Processing Services (LPS) has gained 31% year-to-date. This jump follows the activity of intrepid traders/investors who loaded up on LPS June $21 call options in December – these call options … Read more