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2007 June at Trader’s Narrative


Archive for June, 2007



Top 10 Cities For Traders


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Here are the top 10 cities for traders, according to Trader magazine:

Chicago

London

New York

Dubai
Miami
Boston

Dublin
Los Angeles

Toronto
Sao Paolo

Cities were ranked according to amenities, nightlife, taxes, and other relevant factors. I wasn’t surprised to see Chicago or the other American cities. But Dubai? C’mon. Who wants to live there? Visit, maybe. The place is museum set of what happens […]


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Here’s a tale of two shoe companies: one is an injection moulded clog with holes while the other is a children’s sneaker with a wheel embeded in the heel.
Both sound a little ridiculous but both are public companies based on only that one product line. But beyond being a fad, the two companies part ways. […]


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If you think the financial sector has been roughed up, check out a long term chart for the homebuilders. They’ve gotten crushed.
Although it is always most difficult, it is rewarding to step in and buy when no one else is. Right now sentiment and the technicals have reached a crescendo of pessimism that usually […]


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“Hello, I’d like to order a rally please. Yes, the financials. Good. Can you get that here in less than 45 minutes? ok. And you take plastic right? Ahh, okay. Thanks Bye.”
The financial sector - I use the Financials Select Sector SPDR (XLF) as a proxy - has been a horrible spot in […]


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While US REITs breached their long term (200 day) moving average in early May, the Canadian REITs have just breached their’s. They have been getting roughed up all this month. But the selling has reached a point which I think has washed out all the weak hands.

For starters, the S&P/TSX Capped REIT Index is now […]




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