ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Stock Market Commentary A great stock market divergence continued last week. However, the market overall is looking more and more resilient as it continues to digest inflation fears. Even the biggest victim of the great divergence, the NASDAQ (COMPQX), remains well above its lows for the month. A very dovish session with Federal Reserve Chair … Read more
ReneSola (SOL) is down 64.9% from its near 10-year high set in January. The company celebrated that high by announcing a secondary stock offering…its fifth in 4 months. SOL came back stronger and better from the first four secondaries of the series. The fifth secondary stock offering finally broke the bank (meaning ReneSola overwhelmed the … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on February 15, 2012. Click here to read the entire piece.) I hope my fellow solar enthusiasts enjoyed 2012’s solar run while it lasted. Solar stocks went on a tear to start the new year, but now the fun is done. Reality … Read more
(This is an excerpt from an article I originally published on Seeking Alpha. Click here to read the entire piece.) Apparently, First Solar (FSLR) executives agree with my assessment that their company’s shares are undervalued…and now the company has officially launched its PR campaign to spread the word. After the close of trading, FSLR announced … Read more
(This is an excerpt from an article I originally published on Seeking Alpha. Click here to read the entire piece.) ReneSola (SOL) went from a tremendous 2010 – gaining 84% and as much as 206% – to a complete collapse in 2011. On the heels of several disappointing earnings reports this year, SOL has dropped … Read more