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Trader's Diary

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  • Friday, 6 December, 2013
    ObituaryPersonal Finance
    Columnist David Schwartz dies aged 73

    Trader’s Diary drew on his knowledge of decades of market history

  • Thursday, 21 November, 2013
    Personal Finance
    Does cheapness predict subsequent outperformance?

    Europe looks cheap, but the US is pricey, says Dominic Picarda

  • Friday, 19 July, 2013
    UK banks
    Where markets go, the Fed meekly follows

    Monetary policy seems predicated on how markets will react, says David Schwartz

  • Friday, 12 July, 2013
    Personal Finance
    Get set for a sideways summer

    UK market might struggle to find direction

  • Friday, 5 July, 2013
    Gold
    Past performance suggests gold has further to fall

    The yellow metal tends to return to long-term support levels after a bull run

  • Friday, 28 June, 2013
    Personal Finance
    Ignore lessons of stock market history at your peril

    High odds that the weak patch has further to run

  • Friday, 21 June, 2013
    Personal Finance
    Past patterns suggest we are already in a bear market

    Index falls offer vital clues

  • Friday, 7 June, 2013
    Investments
    Microgen catches the eye in a weaker market

    I’m reducing market exposure generally, but this small software company is an exception

  • Friday, 31 May, 2013
    Personal Finance
    Reading the Fed’s smoke signals

    Ben Bernanke is softening investors up for the end of quantitative easing

  • Friday, 24 May, 2013
    Central bank intervention
    Stock markets at a crossroads after sell-off

    A lot of good news is already in share prices – but potential bad news may not be

  • Friday, 17 May, 2013
    Personal Finance
    What earnings forecasts tell us about US prospects

    High PE ratios suggest future returns on US shares are likely to be modest

  • Friday, 10 May, 2013
    Personal Finance
    The perils of chasing high yield

    Mainstream investment advice is often wide of the mark

  • Friday, 3 May, 2013
    Personal Finance
    Is this the start of another profitless summer?

    Key issue is the presence of a bear market, says David Schwartz

  • Friday, 26 April, 2013
    UK retail results
    Conflicting clues to UK stock market direction

    The news is grim, but much of it may be in the price

  • Friday, 19 April, 2013
    Gold
    Gold’s fall could have much further to go

    Long-term support lies well beneath current levels

  • Friday, 12 April, 2013
    Investments
    After the rally, prepare for the dip

    Several indicators hint that shares are vulnerable

  • Friday, 5 April, 2013
    Mergers & Acquisitions
    When the Big Boys signal euphoria

    Relying on inherently subjective stock market signals is risky

  • Thursday, 28 March, 2013
    UK retail results
    Cyprus not easy to dismiss in the long term

    Stock markets have so far shrugged off the crisis

  • Friday, 22 March, 2013
    European banks
    How the whale hid from view

    It seems little has changed in banking

  • Friday, 15 March, 2013
    Personal Finance Advice & Comment
    The rally that keeps on giving

    Plenty of warning signs, but no correction yet

  • Friday, 1 March, 2013
    Currencies
    Red lights flash after Italy’s elections

    Investors are looking for excuses to take profits

  • Friday, 22 February, 2013
    Currencies
    Be on guard for a market correction

    The stock market rally is facing growing headwinds

  • Thursday, 14 February, 2013
    Mergers & Acquisitions
    When it’s time to go back for more

    Rules of thumb for adding to a stock holding

  • Friday, 8 February, 2013
    Personal Finance Advice & Comment
    Set to power to new highs?

    I think the new year rally will continue

  • Friday, 25 January, 2013
    Personal Finance Advice & Comment
    History suggests this rally has further to run

    Risk-on trade is set to continue unless politics intervenes

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