Last week saw the main stock averages continue their upward price run with the S&P 500, Dow Jones Industrial Average and Nasdaq all posting all-time record highs.
What matters most to history are not the steady trends but the unexpected shocks that change the world the moment they occur. Such events are inherently unpredictable even though they always seem explainable after the fact.
I just published an article on Seeking Alpha about one of the stocks in my portfolio; Alliance Resource Partners $ARLP. ARLP is an Eastern MLP coal company that has been able to raise it’s distribution every quarter since 2007. This coal stock has had an impressive rise since the financial crisis, gaining over 300%. However […]
I am trialling a new trend following stock trading strategy. This strategy looks for stocks breaking out to new 52 week highs. The stock must also have decent sized volume, a PEG less than 1 and an RSI score less than 70. Trades are exited on a 20 week low. So far, results look promising […]
I recently wrote an article for Seeking Alpha on 5 of my favourite foreign (ADR) shares on the market at the moment. These are all ADRs (American Depositary receipts) listed on the NYSE, the last one is on the Nasdaq: 5 Top Foreign Stocks With US stock markets at record highs there has been a […]
Last November, at a price of $80 a share, I wrote an article for Seeking Alpha saying 3D Systems (DDD) had entered an extremely overbought state which could only end in a significant share price correction. Although the share price proceeded to fall around 13% after I made the claim, 3D Systems ended up going […]
If you want to be successful at investing or trading you need to find your own way. I don’t see much point subscribing to any of these stock picking services or ‘Guru’ picks. (Unless of course they are used to educate yourself as to how to find good trades.) That being said, one of my […]
US stock markets reversed losses on Monday after ISM non-manufacturing numbers came out and Billionaire investor Warren Buffett spoke enthusiastically about the state of American business. A contraction in Chinese manufacturing, and continuing violence in Ukraine, caused markets to open lower but stock markets were not in the red for too long and managed to […]
Portfolio update for Marwood Capital for week ending 9 March 2014: Our portfolio advanced by 0.7% last week, continuing the good form that we experienced in late February. Our stocks have benefitted from the rally that has sent US markets back to their record highs. Our best performers last week included Disney ($DIS) and Perfect […]
Compared to recent weeks, financial markets should be relatively quiet, as we have President’s Day on Monday before a fairly light economic calendar. We will see FOMC and BOE meeting minutes and there will be some CPI data for traders to extrapolate but on the whole it’s a quiet week. With that in mind, my […]