Trader’s Narrative

It never ceases to amaze me just how horribly wrong regular people are as a group when it comes to timing the market. There is a whole cottage industry around trying to gauge their sentiment so it can be faded.
Being a contrarian isn’t as easy as simply doing the opposite of what the non-professional […]

I’ve updated the list of social networking website devoted to trading/investing with these four:

Cake Financial
MarketGuru
Mint
Wikinvest

Is this completely new to you? Then you are in for a treat! Think of it as facebook meets Wall St.
If you are already familiar with one or two, or even be a member of a site… it’s worth looking over […]

The market is bumping its head against a resistance range from 1400 to 1450. This area was of course, support just a few months back.
Starting from April 18th, I noticed a change in the market tone. Whereas pretty much every single indicator had been flashing buy in January, February and March, one by one, they […]

Market breadth is what goes on inside the stock market. Most people pay attention to price, like the Dow or S&P 500 index. Market breadth looks at the number of stocks that are advancing or declining within an index or an exchange. It is a great way to measure the “health” of the market. After […]

Last summer I pontificated about the future of Apple Inc. (AAPL) wondering if it was time to sell:
All the smart and “hot” money has been trading it and riding it higher. And you can bet they will run for the exit at the first sign that the party is over. Which is why I watch […]