It seems you have JavaScript disabled.

Ummm.. Yeah... I'm going to have to ask you to turn Javascript back on... Yeah... Thanks.

2010 June at Trader’s Narrative

Archive for June, 2010

Pandering to the peanut gallery, let’s take a look at a few bearish arguments for equity markets right now. First up, a simple rate of change indicator from On the Money blog called the “Chart of the Century”. This is simply the 10 day Rate of Change of the Dow Jones using a monthly interval.
ROC […]

When I was younger, one of the foolish things I did was to actually read and finish Atlas Shrugged. Sadly, too little recognition is given to the fact that many of the seeds of the current economic crisis were planted by Ayn Rand and cultivated by her minions like Alan Greenspan over decades.
In an ongoing […]

Obviously we are extremely oversold in the short term. How else would you describe a day when 98% of the volume flowed to declining issues on the NYSE? On the Nasdaq, market breadth was slightly better with 94% of share volume declining. The support that has held at 1040 on the S&P 500 is getting […]

The following is a guest post by Charles H. Dow Award winner, Wayne Whaley (CTA) of Witter & Lester. If you would like to be privy to his daily market comments and model ratings via daily email, free of charge, email him at with the subject title “ADD ME TO DAILY EMAIL”.
Valuation models, particularly […]

Recently, the stock market has fixated on the lack of economic growth, or lack thereof. This is the narrative most are using the describe today’s weakness in stock prices. The G20 are more concerned about reducing their fiscal deficits and we’ll have to leave it to history to decide if this path of austerity is […]


You are currently browsing the Trader’s Narrative weblog archives for June, 2010.

Longer entries are truncated. Click the headline of an entry to read it in its entirety.