Trader’s Narrative

On his blog, Dr. Steenbarger looked at how professional traders differ from amateurs. One of the key differences was information flow:
2) Information Networks - The pros knew other pros and constantly talked with them to find out what was going on in the marketplace. This network was an important edge for many of the traders.
To […]

Simple question: would you buy this stock?
Nevermind the symbol or the date. Just look at the chart and decide if you would go long or short or stand aside. If you do take a position, then tell me your target. I’ll give the symbol in the comments section later.

stock chart, trading

Every week, the Chairman distills the contents of Barron’s into concise and delicious pixelated morsels. This week was no exception. Here I only wanted to add two tidbits that escaped his eagle eye.
The first was about insider activity. Usually insiders are net sellers by nature but by watching the ratio of their sells to buys, […]

Things are finally falling into place and I’m feeling less dazed and confused.
Mark Hulbert reports that newsletter sentiment has fallen so much that short term market timing newsletter editors are now recommending a 12.3% short position to their clients. This is heartening for the bulls because for a few days newsletter bullish sentiment actually […]

Victor Niederhoffer’s Matador Fund lost almost a third of its assets in May. If you know about Vic’s history this isn’t that surprising. The timing is interesting as he was just emerging from the shadow of his spectacular blow up in 1997 with great performance in his fund, a feature article in Bloomberg magazine and […]