Monthly Archives: February 2011

After months of persistent decline, the US government bonds have started to rally. Many in the media are attributing this to the unrest in the Middle East. That is a peculiar explanation since the catalyst was the Tunisian protests and … Continue reading →

Here is this long weekend’s reading list of economic and market news. To see all the links, go to news.tradersnarrative.com: Financial Flimflam: Why Economic Experts’ Predictions Fail Kurzweil: Solar Power Technology Will Make “Peak Oil” Irrelevant Joing the weekly Conversations … Continue reading →

Below is the sentiment summary for this past week Sentiment Surveys The weekly survey of retail investors from the AAII finds them quickly giving up the bullish cause. It seems that the few days of negative closes on major stock … Continue reading →

Here is a quick update on the gold market and my views on the near term future. Since suggesting for various technical and sentiment reasons that gold would see a bounce higher, the price of the previous metal has indeed … Continue reading →

The Middle East protests are spreading like a “freedom flu” and they have finally affected an oil producing country, Libya. I’m sure you’ve read and seen the horrific scenes of the military response to the protesters. One effect has been … Continue reading →

Copper prices reached a new high early last week, seemingly thumbing their noses at all the naysayers (including me). But they weakened in trading during the rest of the shortened week of trading. And today, they fell dramatically, down 3%. … Continue reading →

The Baltic Dry index is sometimes forced to act as an indicator for the stock market. I’ve been guilty of this myself more than a few times (Baltic Dry Index, Commodities & The Stock Market). One such attempt was even … Continue reading →

Here is this long weekend’s reading list of economic and market news. To see all the links, go to news.tradersnarrative.com: The Invisible Food Crisis Why Isn’t Wall Street in Jail? 5 Ways to Use Trendlines (free ebook) All You Need … Continue reading →

Here’s this week’s overview of the sentiment landscape: Sentiment Surveys This week the bulls in the AAII survey of retail investor sentiment inched lower, falling to 46.6% while the bears fell to 25.6%. The bull ratio was basically unchanged from … Continue reading →

David Wilson of Bloomberg quotes Pierre Lapointe, a “global strategist” at Brockhouse & Cooper to point out that the weekly RSI for the S&P 500 index is at a critical level. He suggests that because the RSI is at 75.48 … Continue reading →