So Simple Yet Missed By So Many

I have been inspired to write a quick post from a tweet sent out earlier from @apextrader. He mentions that he got long YOKU around 32.50 and that it has gone back up but been a fairly bumpy ride. Why did he make that trade? And why are so few able to execute this trade? YOKU recently was beaten down … Read More

SMB Radar Update

The Strong/Weak Today column ranks stocks based on the price change relative to the stock’s opening price. These stocks tend to have strong/weak opening drives and continuation moves. The idea here is to find opportunity in the strongest/weakest stocks in the market. When looking through the column, we always take note at how In Play the stock is to gauge … Read More

Options Tribe Monthly Income Strategy Presentation: Today at 5PM EDT

Thursday, June 30, 2011 5:00 pm Eastern Daylight time SMB’s Options Tribe is an online community of options traders dedicated to sharing successful options trading ideas with all of our members worldwide.  Each week the community will meet online for the primary purpose of watching live presentations made by outstanding veteran options traders and experts in the world of options … Read More

Market View Updated

Day 17 completed on the S&P 500 consolidation. I have updated the chart to reflect today’s action and have a rough tabulation of the amount of time we have spent trading within each “zone”. The most interesting thing about these 17 days is that we have only spent one full day between 128 and 129. The rest of the time … Read More