Trader’s Narrative

We’ve gone quite a while without a financial journalist or commentator taking a swipe at Jim Cramer. Before we get to the most recent one, lets not forget an earlier one.
Blodget vs. Cramer
At the beginning of the year Henry Blodget wrote a scathing article on Slate: Pay No Attention to That Crazy Man on TV. […]

At the end of June I wrote about Crocs (CROX) and Heelys (HLYS), two faddish shoe companies that I didn’t think had any longevity.
Back then Crocs’ shares were in the low $40’s and Heelys were in the mid $20’s (red arrows below). Heelys’ chart looked much worse as it was in a clear downtrend […]

A few months ago I warned my readers about a penny stock on the pink sheets called MitoPharm (MTPM), saying I wished that I could short it. Immediately after, the price of the shares doubled (from $1 to about $2) which lead to some childish comments about my motives and my intellectual capacity.
Fast forward to […]

With the price of oil scrapping the underbelly of triple digits, lets step back and take a long term view of things. Below is a fascinating graph plotting the historic price of oil, both nominal and inflation adjusted. The data shows both barrel as well as at the pump (per gallon).
I had no idea that […]

The sub-prime mortgage crisis continues unabated, taking down stocks, CEOs and anything else in its path. You would be forgiven to ask, what the heck is going on?
This short video from the UK provides a concise explanation:

C, citigroup, fixed income, funny, humour, mortgage, Prince, sentiment, sub prime, video