ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
The Shanghai Composite Index (SSEC) plunged 8.5% to start trading for the week. The ripple effects were wide and far-reaching even as arguments continue floating that the collapse in China’s stock market matters little outside of China and does not truly reflect on economic conditions in the country. Apple (AAPL) CEO Tim Cook summed up … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on March 16, 2015. Click here to read the entire piece.) On March 5, 2015, Barron’s Blogs published a short article on a large bet against volatility on United States Oil ETF (USO) called “Big Options Bet Sees Oil ETF Rangebound into … Read more
Yesterday, March 24th, Twitter (TWTR) made an impressive breakout above the $50 battle line which defines the TWTR’s intraday high on its first day trading. Seeing the bullish move, it occurred to me I had not updated my comparison chart of internet stock valuations in a very long time. As luck would have it, I … Read more
Apple (APPL) has officially announced the launch of its latest product, the iWatch. Source: Yahoo! Finance Source: Apple.com This makes a great juncture to provide a quick technical update on Apple and update the classification trees for the Apple Trading Model (ATM). For those of you who are new to the ATM, please read up … Read more
I wish I could find a report that looks back on big stock moves and looks for any tell-tale options activity. It is always difficult to translate options action into predictions on stocks, but having a “hindsight” report could prove educational. In the meantime, we will have to settle for sporadic reports like this piece … Read more