Recent mysterytrader's Commentaries
It Is Time to Draw a Line
Last Thursday, the high-frequency traders exposed themselves to the world outside of the trading community. Finally, I say. We have accepted this unfair tactic far too long. To have computers making tens-of-thousands of trades in seconds is an unfair advantage, and, as we saw, potentially damagin...
When Will The Blathering End?
Greece, U.S. corporate earnings, the price of oil, the affect of the manipulated Chinese yuan, and developing financial regulation all have something in common – movement in the global equity markets. Although broad market movement is bullish, it is sometimes difficult see why when the above are ...
Will The Markets Move Even Higher?
I would describe this past week in the markets as interesting, or, at least, understandable. The DIJA ended the week at 10,997, just three points shy of the big 11,000 mark. All week long, the market struggled to get to the “magic” marker, but could not hold it. Resistance is the power. So wha...
Are We Coming to the Crossroad?
In the latter part of 2007, the U.S. economy began shedding jobs. By the end of 2008, the number of jobs lost each month exceeded 700,000 per month. Although decreasing in total numbers, those losses have continued right through last month, February 2010. Given that 2/3 of our gross domestic outp...
Think Technology
Think technology. Think about what John Chambers (Cisco CEO) told us the day before he announced the new, faster router Cisco is bringing to market. CEO Chambers told us the router would change the Internet as we know it. Hyperbole? Of course, but does hyperbole necessarily mean the underlying fa...
The Context of January’s Real-Estate Numbers
Given the myopic news coverage of the U.S. real-estate market (housing market), the constant focus on limited statistics, one might conclude the housing market is headed south, again. Is it? Putting the “numbers” in context will help answer the question. First off, understand that the housing m...
Should We Run For Cover, or Go About as Usual?
“The sky is falling. The sky is falling,” cries Chicken Little, and everyone goes running because, after all, Chicken Little is a renowned expert on … on what, exactly? So goes the crying of those who are telling us this is the resumption of the bear rally that was so rudely interrupted in March ...
So Much For the January Effect, and History For That Matter
January 2010 has rolled in, and all in the financial world is as it should be. Despite the sell-off on Friday the 15th, the major indices are up for the month, the economic recovery is inching forward, and uncertainty still rules. The so-called “January Effect” might or might not be in play (buyi...
The New Year Requires New Thinking
One might conclude the topic today is better suited for investors as opposed to pure traders, but I have evolved to the point where the only difference between the two is time. In other words, if you are “buying and holding” in today’s market, I think you are making a mistake. I believe you shoul...
Stuff Your Portfolio Stocking with GE and Oil Stocks
Despite the market setback today, and despite what might happen through the end of this year with the markets, now is the time to stuff your portfolio stocking with some undervalued assets that will prove profitable in the next year What we are seeing in the markets this week is an irrational res...
The Gold Trade, a Bubble Waiting To Pop
The price of gold topped $1200 per ounce this week. Should you jump on this bandwagon? Do you think you will miss the trade, and thus the profit? This trader will miss both the bandwagon and the trade. Gold is another bubble, one that is getting pretty inflated. Yes. I understand that some reputa...
Gold Trick -- or Treat?
Traders got pretty excited about gold prices hitting new all-time highs Tuesday in terms of U.S. dollars and deservedly so. But take away the U.S. dollar pricing and you’ll find that gold is more than 30 percent below its highs in Australian dollars, 15 percent below its highs in Japanese yen ter...
Where is the fear?
The September/October period has gained a reputation for volatility and adverse stock market moves including some memorable market crashes. But that’s far from the case this year. In fact, recent activity seems downright dull. A year ago, in the wake of Bear Stearns, Fannie Mae, Freddie Mac, Lehm...
Help the airlines?
Maybe you got the same plea I did recently from an airline I use fairly often. The airline wants me to support a movement to "Stop Oil Speculation Now", recalling last year's huge rise in oil prices that many blamed on "evil speculators." Now, I know the airlines in general are in trouble and I a...
Bears may win short-term oil battle
Bull vs. bear has been an ongoing market battle forever, most recently manifested in equities: Is the U.S. stock market in a new bull market or just a bear market rally? A recent survey of more than 400 TraderPlanet.com members split almost exactly evenly on that question, and there’s no way to c...
