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. Click here to read the entire piece.) Commodities across the board have suffered mightily during the stock market’s recent correction. In the first phase of the sell-off (from late July to early August), a few commodity-related stocks triggered buys by erasing all … Read more
(This is an excerpt from an article I originally published on Seeking Alpha. Click here to read the entire piece.) Since the market swoon began in earnest in August, I have become increasingly interested in the stock market’s reaction to the news of insider buying by company executives. In many cases, I have made the … Read more
(This is an excerpt from an article I originally published on Seeking Alpha. Click here to read the entire piece.) On Tuesday, September 20, a JP Morgan (JPM) analyst slashed his price target on rare earth producer Molycorp (MCP) from $105 to $66. This reduction in upside from 100% to 25% helped plunge MCP to … Read more
On the morning of September 14, Great Western Minerals Group (GWMGF.PK) President and CEO Jim Engdahl held the company’s fourth CEO conference call. I became interested in Great Western through a friend who follows the rare earths industry very closely. According to the company: “Great Western Minerals Group Ltd. is an integrated Rare Earths processor. … Read more
(This is an excerpt from an article I originally published on Seeking Alpha. Click here to read the entire piece.) I usually interpret insider buying by company executives as an extremely positive development. However, I am unsure what to think of CEO Mark Smith’s recent purchase of shares of Molycorp (MCP) stock (hat tip to … Read more