Archive for the 'Home Builders' Category

A Trader’s Diary from 2006 to the Present

In 2006, there were those of us who knew, like we did in 2000, that something was wrong. It wasn’t because we were “in the know”, rather because we could recognize and think we know how to read a chart, like we actually did back then. What mattered was nothing but the supply demand equation [...]

CME and US Stocks in General

If you look at a chart of CME from late ’08 to the present, you’ll notice it’s gone into a flat-line, just like much of the US equity market. GOOG ended the year right where it started. BIDU (amazing split on the year) and APPL kicked ass because GOOG would do no evil and APPL [...]

Help Investment Capitalist Cover Costs

It’s not free running a free blog, much less something like a Proprietary Trading site based on Global Macro financial research. Every reader knows that they get something out of the site and for each reader it’s unique. Some like the geo-political twists, some purview based on Quantitative Global financial research. While most of you [...]

Invitation to Join New LinkedIn Group

With all of the clutter and insanity due to groups turning into recruiting grounds and advertising forums for esoteric and mindless products, I was compelled to launch my own LinkedIn Group which is being emphatically embraced by the systematic and discretionary proprietary trading universe, to my delight. I know many of you are Prop. Traders, [...]

Why Housing Numbers Were a Game Changer

Today’s housing numbers were a game changer for me. Sometimes, one’s brain learns to tune certain things out while sitting on the trading desk. At times, this filter becomes too good and blocks out important facts. Generally, the a.d.d. prevalent amongst all of us on the trading floor (as if it’s a prerequisite) keeps us [...]

A Sober View of Neo-Capitalism

The real action behind the scenes. This is monumental. No, “GENERATIONAL”. No… it’s… it’s … Politics aside, the reality is thus, according to my dogma, the Financial Times: Lawrence Summers, senior economic adviser to Barack Obama, US president, told the Financial Times recently that the Group of 20 countries should agree to boost government demand. [...]

Trading Journal Excerpt for Feb 23

Game Plan – VOLUME EXHAUSTION BARS IN FINANCIAL STOCKS. Campaign – Position trade 2nd tier financial names. Continue to focus on gold stocks and buy on dips, sell into rallies. PRIORITY- Volume climax in financial names. Short-term trend exhaustion. Dow recovery of 7450 level short term reversal in progress. Week of Feb. 23 Dow showing [...]