Trader’s Narrative

With increased chatter that a US attack on Iran is imminent, oil has been on a tear. And today’s release of government data showing that supplies dropped by 7 M barrels propelled the futures above $80 on the Merc.
In case you’re keeping track, that is the highest price that oil has ever traded (for the […]

Now that you know the difference between Iranians and Arabs, take a look at the side of Iran the press will never show you - eventhough it is the most representative of the country. Below is a short clip of the typical male teenager in Iran. No they aren’t chanting “Death to America” or doing […]

You know, I’m tired of people calling the US market a “bubble” or using words like “melt-up” or “buying panic” to describe it. These sort of pessimistic adjectives belies the bearish sentiment still pervasive in the wider market. If you want to see a real bubble in the making right now, you needn’t look far: […]

In his seminal work, Secrets to Profiting in Bull & Bear Markets, Stan Weinstein talks about the importance of watching the global stock markets:
My studies have convinced me that the most profitable market moves in the United States occur when the overwhelming majority of the world markets are in agreement.
So I decided to put the […]

I’m not following the 2008 political race in the US that closely but there is a very cool and capitalistic way to keep up to date without doing any amount of hard work.
Did you know that there are marketplaces where capitalism can be used to predict the outcome of political events?

They are similar to futures […]