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 March 9, 2014. Click here to read the entire piece.) Way back on December 24, 2012, I wrote “Reasons To Bet On A 2013 Recovery For Skullcandy.” In less than two weeks, I had to write a near apologetic follow-up after … Read more
(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
(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
(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 chart review covers the following stocks Apple (AAPL), Amazon.com (AMZN), Best Buy (BBY), Skull Candy (SKUL), Priceline.com (PCLN), Hewlett-Packard (HPQ), and Caterpillar (CAT). Apple (AAPL) In retrospect, last Monday’s plunge now looks like some kind of “manipulation.” The stock plunged 3.2% on no immediate news so the selling looked like follow-through to the previous … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on January 3, 2013. Click here to read the entire piece.) A little over a week ago, I wrote optimistically that Skullcandy (SKUL) could make 2013 a comeback year. Those hopes were dashed right at the gate of the new year as … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on December 24, 2012. Click here to read the entire piece.) In early October, I ended the trade in Skullcandy (SKULL) playing a bounceback from Morgan Stanley’s devastating downgrade, but noted I would remain a buyer on dips (see “Skullcandy Recovers Losses … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on October 5, 2012. Click here to read the entire piece.) After Morgan Stanley downgraded Skullcandy (SKUL), I quickly wrote that I thought the sell-off was way overdone and marked a buying opportunity. From comments and other posts I have seen, it … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on September 14, 2012. Click here to read the entire piece.) Skullcandy (SKUL), a developer and distributor of audio accessories, is back in focus. Morgan Stanley (MS) slammed the company with a downgrade from overweight to equal weight and a cut in … Read more
(This is an excerpt from an article I originally published on Seeking Alpha on April 8, 2012. Click here to read the entire piece.) In early March, I took Skullcandy (SKUL) off my buy list of stocks with insider buying activity because the CFO, who was the main insider buying shares, resigned from the company … Read more