Trader’s Narrative

In case you’re looking for a retail broker or simply want to see how your current one stacks up against the competition, here’s the 2007 Barron’s Best Broker Ratings:
(Remember, retail brokers aren’t the only option. You can also trade with proprietary trading firms.)
Web-Based Brokers - Click to See Table:

Software-Based Brokers - Click to See Table:

Specialty […]

Here’s a quick recap of sentiment indicators for the past week as I saw them:
AAII Sentiment Survey
Retail investors are feeling rather cheeky with 48% bullish and only 36% bearish. Just a few weeks ago less than a third were bullish, and now almost half are. I’m surprised by this quick move.
According to contrarian analysis, this […]

So after the Fed cut rates as expected, and the market was miffed that it wouldn’t be enough to remedy the credit crisis wreaking havoc in the financial sector.
And then a day later the Fed came out with all guns blazing, with their international “friends” in Switzerland, Canada, Europe and England by their side.
But, to […]

The Merril Lynch chief investment strategist, Richard Bernstein, seems to have finally gotten it right. As the saying goes, even a blind squirrel finds a nut eventually.
Almost to the day this time last year, Richard Bernstein flipped from a dyed-in-the-wool bear who had fought the cyclical bull market three years out of four, to a […]

Just a few short years ago no one in Canada had any other platform to trade on other than that provided by the Toronto and Montreal Exchanges. If you want to get technical, there were “dark pools” but you’d have to be an institution to have access.
Now the Canadian market is bursting at the seams […]