ONE-TWENTY TWO: Trading Financial Markets
Exploring the poetry in financial markets for students of money and economy since the year 2000.
Two weeks ago I expressed concern about the poor performance of the materials sector. The sector was under-performing the general market which seemed particularly ominous given the generally strong outlook for the economy. At the time, I expressed my hope that another interview with Bill Sandbrook, CEO of U.S. Concrete (USCR), would clear the air … Read more
Getting a second opportunity at a great set-up is rare in the stock market, but U.S. Concrete (USCR) may be offering just such a second chance. On September 3rd, I lamented missing an opportunity to buy USCR when it neatly tested support at the top of its last trading range. The headline reason for the … Read more
When I described U.S. Concrete (USCR) as a strong play on the U.S. economy, I noted I would wait for a dip in the stock before picking a spot to buy. That opportunity came a lot faster than I expected as USCR dipped down on rising volume to the top of its previous trading range. … Read more
This is an excerpt from an article I originally published on Seeking Alpha on January 1, 2012. Click here to read the entire piece.) In my last post updating the current list of buy candidates for the “commodity crash” portfolio, I neglected to include fertilizer stocks. Phosphate and potash producers – like Mosaic (MOS), Potash … Read more