Trader’s Narrative

Chairman Maoxian hosted a chat yesterday on relative strength and it got me thinking. It is true that RS (not to be confused with RSI) is one of the most powerful concepts in trading. But like all tools, if you want to get the most out of it, you have to know not only how […]

This site is so new, I’m still playing with the bubble wrap.

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One of the most simple measures of market internals is the percentage of stocks above their moving average. Any moving average can be used, although the most common are the 50 and 150 simple daily.
This is a useful metric because as stocks move above and below their moving averages, they get stretched away from the […]

Most traders are familiar with the Ameritrade index. If you’re not, basically it is a snapshot of what the average Ameritrade client is buying and selling.
Here is the most recent list:

Some traders keep an eye on this list because it can tip them off to what the dumb money is piling into - or out […]

I wanted to see how an image would look like in a post.
So, why not go for something apropos?

Source: Cute Overload

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