Ten Things Most Exciting for 2010

10. The SEC tax declining by about 35c per thousand shares traded.  2009 was a tough year made much tougher because of this tax being raised 400 percent last year.  This will mean a possible extra 17k for some of our traders. 9. Secret Project X.  SMB has developed a practice tool we are very proud to unveil to our … Read More

SMB Morning Rundown

Today, the Market appears set to open slightly higher. The levels we are watching in the SPY are 112.50(sup) and 113(res). Below 112.50, the next support level is 112. Above 113, we could see upside to 113.40. Our best AM Idea for today, which we highlighted in our AM Meeting is to buy SEED close 12.10. Add to the long … Read More

SEED money for the New Year

There’s always something to trade. You just have to be where the volume is. It can take one good stock to make your week, and one good week to make your month. 90% of life is showing up, and for those who showed up today, there was money to be made. We had a repeat offender today, our good old … Read More

SMB Morning Rundown

Today, the Market appears set to open lower. The levels we are watching in the SPY are 112 (sup) and 112.60(res). Below 112, the next support level is 111.50-111.60. Our best AM Idea for today, which we highlighted in our AM Meeting is to short AAPL into a pop close to 210. Tgts: 209, 208. Don’t forget to follow us … Read More

SMB on CNBC HALFTIME REPORT

Jeff Tomasulo, senior trader at SMB Capital, appeared earlier today on CNBC’s Fast Money Halftime Report. In the clip, Jeff discussed the effect of the stronger US dollar on the Market and the stocks he is looking to trade in this light volume holiday market. Don’t forget to follow us on twitter. Please follow and like us:

SMB Morning Rundown

Today, the Market appears set to open higher. The levels we are watching in the SPY are 112.60 (sup) and 113.60(res). Below 112.60, the next support level is 112. Our best AM Idea for today, which we highlighted in our AM Meeting is to short AAPL into a pop close to 212.85. Tgts: 211.30, 210.60. Don’t forget to follow us … Read More

Adapt to Survive High-frequency Trading – SFO Magazine

Mike Bellafiore, partner at SMB Capital, wrote an article for SFO Magazine, titled “Adapt to Survive High-frequency Trading”.  In the article, Mike discusses the effect High Frequency Trading (HFT) has had on the markets and the changes short-term traders need to make to adapt.  Read the full article here and feel free to leave your comments on this blog. Don’t … Read More

Some Ideas on Light Holiday Trading

Ok so the volume is light.  GMan barked on the Open, “Volume is down 1/2.”  Dovey said about the same just with some streets of Brooklyn color.  On a day like today we must observe this different trading.  But there were still some opportunities. AJames made a great call in STEC as it made a new important technical high and … Read More