Program Trading Accounts For Over Half of NYSE Volume
Here’s an interesting statistic: According to the WSJ, "Program trading in the week ended Aug. 5 accounted for 54.5%, or an...
Apprenticed Investor: Six Keys to Stock Selection
I almost forgot! The latest "Apprenticed Investor" column is up, and its titled Six Keys to Stock Selection. By now,...
Intraday Reversal
Days like today that start strong and finish weak are not particularly good for sentiment or the technicals. Especially, coming as it did...
Chart of the Week: Sentiment Extremes vs S&P
Investors Intelligence weekly sentiment poll generates an interesting data trail for contrarians: The bull to bear ratio quickly...
Poker for Traders
Somehow, I over looked this terrific article by Doug Kass, comparing poker with trading. Here’s a few bullet points: • Understand...
Apprenticed Investor: Nothing Doing
The latest "Apprenticed Investor" column is up, and its titled (apropos of nothing in particular) Nothing Doing. In it, we look...
Terror Rally
The Markets’ initial reaction to the attack in London reveals quite a few things about investor psychology. It also shows us, to a...
Trading Rule #1
The first rule of trading is simply this: When you make a mistake, when you buy or sell ANYTHING by accident, you immediately...
Method to the Madness: Alpha Chasing Beta
A reader asks: "What is your investment strategy based on? Do you have a specific model?" Fair question: Here’s the...
Will Rallying Oil Set a Bear Trap?
The recent sideways consolidation has been far shallower and more contained than many traders expected. We read this as confirming our...