ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
(T2108 measures the percentage of stocks trading above their respective 40-day moving averages [DMAs]. It helps to identify extremes in market sentiment that are likely to reverse. To learn more about it, see my T2108 Resource Page. You can follow real-time T2108 commentary on twitter using the #T2108 hashtag. T2108-related trades and other trades are … Read more
(This is an excerpt from a LONG overdue article on commodities I originally published on Seeking Alpha on April 18, 2016. Click here to read the entire piece.) Last week was a great week for a pairs trade in iron ore. I love this trade => Oil, Iron Ore & Gold Correlation: A Mining Pair … Read more
It finally happened. Rio Tinto (RIO), a major producer of commodities like iron ore, has started to back off its generous dividend payout policy. In its latest earnings statement, RIO announced its total dividend for 2015 will come to 215 U.S. cents per share, the same as it paid out in 2014. Over the past … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on May 14, 2015. Click here to read the entire piece.) Now that the Australian Competition and Consumer Commission (ACCC) has cleared Andrew Forrest of violating laws against anti-competitive business practices, the CEO of Fortescue Metals Group (FSUGY) (FSUMY) wasted no time … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on November 16, 2015. Click here to read the entire piece.) Clyde Russell is a columnist who often writes about iron ore for Reuters. His latest piece, “Who’s behaving rationally in iron ore, steel? Everybody and nobody,” discusses some common themes and … Read more