Trader’s Narrative

In an attempt to thoroughly confuse my remaining few readers, here are two polar takes on the market:
Seasonality
The best time to be long the stock market has been from November to the end of April. The months from May to October, produce so little in returns - on average - that you would do better […]

It looks like it is the end of the line for RedEnvelope (REDE). The company is mired in losses, their credit lines have been terminated, and they have sent most of their employees packing. While their site is still up, there’s no telling what will happen.
Perhaps they will be wound down. Or maybe bought out […]

Trading is deceptively simple.
After all, there are only 3 kinds of trades, and thanks to today’s technology, anyone with even a small amount of money can open an account, be linked to the exchanges and start sending off orders in no time.
But that doesn’t mean making money through trading is easy. On the contrary. It […]

Amid all the wailing and gnashing of teeth, we had a successful IPO: Visa (V) went public yesterday and made history.
Not only was it a resounding success for the investment bankers in a very difficult time, it was also the biggest IPO ever at $18 billion. And it managed to jump +30% from its $44 […]

I use Interactive Brokers as my primary broker because of their price and offering but also because they consistently improve and add new features. They put the Japanese companies to shame when it comes to kaizen.
Usually they follow the requests made by their clients - I’ve been with them long enough to remember a time […]