Trader’s Narrative

Back in October of last year, I looked with awe on an economic tsunami that was about to hit us all and wondered if it would be deflation or inflation.
Today, the answer is much clearer. Despite the gargantuan amounts of money that the central banks have pumped into the world economy through their loose monetary […]

Tony Oz is an accomplished trader and educator - a rare find in the trading community. He has not only demonstrated his unparalleled skill, over and over again, he has been extremely forthcoming and transparent in his methods as well.
Of his several books, “How I Make a Living Trading Stocks” is even an account of […]

While everyone’s attention was on a head and shoulder pattern completing on the Standard & Poors 500 index, another head and shoulder formation was taking place in gold. As the magical $1000 marker acted as strong resistance several times, a consolidation pattern emerged below it.
Here’s a good video update of the recent price action. Click […]

For economic and market news and to see what you may have missed last week, check out the list below. It is a small sample, to see it all go to news.tradersnarrative.com:

Doug Kass: The Roubini Top?
What went wrong with economics
The real price of Goldman’s giganto-profits
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SEC’s Wish List
Top Rated […]

There is a lot of material to cover in this week’s stock market sentiment summary, so let’s get started:
Sentiment Surveys
According to the weekly retail investor AAII survey, 29% of respondents are bullish - a tiny increase from last week. Meanwhile, 47% of respondents expect the market to decline going forward - an increase of 8% […]