Watch SMB Trade of the Week, a Long Term Technical Resistance Level in BIDU.
SMB Morning Rundown – July 28, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Why StockTwits is Important $$
All progress is initiated by challenging current conceptions, and executed by supplanting existing institutions. George Bernard Shaw I was talking with a well-known, paid, financial media contributor today and he posited a most interesting question, “Why do you SMB guys share so much on StockTwits for free?” There are many reasons but I want to focus on the one most … Read More
Review of SMB on StockTwits TV
During one interview today I was asked what SMB gets out of all the sharing we do on StockTwits. Well really thoughtful emails like the below are one thing: Mike, For what it’s worth, my observation of the changes and improvements that you have made in your video presentations over the past months is that they are remarkable. The … Read More
Aint Nothing But a Trading Thing
Yesterday one of our new traders stopped into my office frustrated, looking for a pick me up and wisdom. I provided neither….. purposely. And these moments are always a little awkward as the trader waits for the wisdom and I purposely withhold. I imagine them wondering I think I just stumped Bella. Often I will change the subject, in this … Read More
SMB Morning Rundown – July 27, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Could You Reenter?
I was aggressive buying GENZ into a pullback today and got stopped out of 2/3 of my position. GENZ closed $1.30 above where I got stopped out of most. When GENZ broke above the opening highs of 66.85 and spiked to 67.25 my interest in buying a pullback was initiated. I bought 66.81, 66.61, and then 66.46. I hit out … Read More
Self Coaching with Mike Bellafiore
David of The Crosshairs Trader Blog recently mentioned SMB’s Mike Bellafiore for his three self coaching principles.