Archive for December 2010

A Sea Of Blue

Dec 30th, 2010 | By | Category: General Comments, SMB Radar, Steven Spencer (Steve's) Blogs
For the most part as expected the market has been quiet this holiday week.  This is clearly demonstrated by this screenshot of theSMB Radar.  We use color coding throughout each list to quickly assess how In Play any given name is.  Red indicates "hot" and blue indicates "cold".  I know--we are so clever.  Overall, when you see 90% of the names in the Radar various shades of blue it is important to maintain a conservative approach with respect to your trading activity. The tickers that stand out from today's action are REE and APC.  No surprise that REE was on the upper range of many scans as the rare earth names have been Read more [...]


Morning thoughts 12/29

Dec 29th, 2010 | By | Category: General Comments
Good morning traders, I am traveling and away from the computer all day. (Driving 9 hours back to New York, a big Thank You to Continental Airlines for that one, but don't get me started...). I don't see a lot in terms of setups today. Everything I had said from past days applies here: focus on specific in play stocks making clean moves, making big moves, on good volume for the day. Avoid sector plays. Avoid market plays. No economic numbers to be aware of today, but keep an eye on precious metals. From my morning research note: The entire precious metals complex had a large, positive standard deviation close yesterday. Read more [...]


End of the Year Review

Dec 29th, 2010 | By | Category: Gilbert Mendez's (Gman's) Blogs
I know I've been slacking a bit with my blog schedule. Let's just say that I am more of a social butterfly, this writing thing is not my favorite :). But as a New Year resolution I have it to be a lot more active with my writing. Yay!! I have received a few emails from fellow traders and mentees asking about how I review my year and what kind of goals to set for the upcoming year. I have been off the desk for the last week or so and that's given me enough time to look over my stocks, stats, daily/weekly/monthly performance. I want to share with you today my way of reviewing the year. It is by no means the WAY of reviewing your Read more [...]


Randomness revisited: random levels?

Dec 29th, 2010 | By | Category: Adam Grimes's blogs, General Comments, Trading Theory
Another look at randomness in markets... this time looking at random S/R levels drawn on real price charts. Read more [...]


Happy Holidays!!

Dec 28th, 2010 | By | Category: Gilbert Mendez's (Gman's) Blogs

Bella, Steve, Gman, Roy, Charles and the rest of the SMB team would like to wish you an abundance of friends, happiness, and fun this holiday season. May 2011 be another prosperous year full of joy and happiness. Thank you for your continued readership, we look forward to another fun year.



Traders ask: VWAP?

Dec 28th, 2010 | By | Category: Adam Grimes's blogs, General Comments, Technical Plays, Trading Ideas, Trading Lesson
A brief look at VWAP: what it is, how to calculate it, and some ideas for how you might use it in your trading. Read more [...]


Morning Thoughts 12/28

Dec 28th, 2010 | By | Category: Adam Grimes's blogs
Good morning traders, The bullet point format is a lot easier for me to write.  Since you guys don't seem to mind (or maybe even prefer?) it, I'll continue with that format again.  Also, I am once again writing this the night before, so I will update and note on Twitter if anything changes.  I am not trading these last few days of the year so I apologize for being slightly more out of touch than usual. NYSE volume was on pace for much of yesterday's session to be the lowest in 10 years.  At the close, a small surge in volume brought the level up to a more reasonable number for the season, but the fact remains -- volume Read more [...]


Morning Thoughts 12/27/10

Dec 27th, 2010 | By | Category: Adam Grimes's blogs
Good morning traders, I am still on semi-vacation (and not in the city for the big blizzard!) but wanted to share a few thoughts with you this morning. I'm writing this again at 2AM... if something changes before the open I'll update. Key thing to remember is that we are still in post holiday mode. Don't expect much followthrough... in general these next few days might be a time to cut your risk and size if you're not up money by 11:00 AM or so. These thin markets are a double edge sword, because individual names can trend very well. There is often a lack of liquidity on the other side that will cause stocks to trend farther Read more [...]


smb newsletter
Options Risk Disclaimer    Forex Risk Disclaimer

1. SMB TRAINING is NOT a Broker Dealer. SMB Training engages in trader education and training. SMB TRAINING offers a number of products and services, both electronical (over the internet through smbtraining.com) and in person. SMB TRAINING also offers web-based, interactive training courses on demand.

2. The seminars given by SMB TRAINING are for educational purposes only. This information neither is, nor should be construed, as an offer, or a solicitation of an offer, to buy or sell securities. You shall be fully responsible for any investment decision you make, and such decisions will be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance, and liquidity needs.

3. This material is being provided to you for educational purposes only. No information presented constitutes a recommendation by SMB TRAINING or its affiliates to buy, sell or hold any security, financial product or instrument discussed therein or to engage in any specific investment strategy. The content neither is, nor should be construed as, an offer, or a solicitation of an offer, to buy, sell, or hold any securities. You are fully responsible for any investment decisions you make. Such decisions should be based solely on your evaluation of your financial circumstances. Such decisions should be based solely on your evaluation of your financial circumstances, investment objectives, risk tolerance and liquidity needs.

4. SMB Training and SMB Capital Management, LLC are separate but affiliated companies.

5. No relevant positions

6. Please note: Hypothetical computer simulated performance results are believed to be accurately presented. However, they are not guaranteed as to accuracy or completeness and are subject to change without any notice. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Since, also, the trades have not actually been executed; the results may have been under or over compensated for the impact, if any, of certain market factors such as liquidity, slippage and commissions. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any portfolio will, or is likely to achieve profits or losses similar to those shown. All investments and trades carry risks.

Log in | 243 queries. 2.588 seconds.