Did A Short SetupTrigger in JPM?

sspencerSteven Spencer (Steve's) Blogs, Trading Ideas

Following JPM’s earnings report it gapped higher then faded the rest of the day. Steve Spencer discusses a possible short setup. Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, options, forex and futures. He has traded professionally for 20 years. His email address is: [email protected]. No relevant positions

The Vocabulary of Winning Traders

smbcapitalTrading Ideas

Winning traders have a specific vocabulary. It doesn’t matter what market, niche, timeframe, or trading style they focus on… the words they use (and don’t use) are remarkably similar. We know this because we have worked with thousands of traders over the past 20+ years… and we’ve seen losing traders turn into winning traders. Often, the vocabulary they use changes … Read More

Decoding Short Opportunities: How Goldman Sachs & JPM Morgan Created Profitable Moves in $SRPT

sspencerGeneral Comments, Steven Spencer (Steve's) Blogs, Trading Ideas, Trading Lesson

Our #1 trading idea for Friday was SRPT. It sold $300 million of shares in a secondary offering via Goldman Sachs and JP Morgan. Normally, biotech secondaries are excellent long set ups. The prior week I had been long AERI following its secondary offering and it traded 30%+ higher in a few days. But this time was different. I discussed why SRPT was likely a good short … Read More

Volatility Has Returned, But for How Long?

smbcapitalTrading Ideas

Here’s something that you can learn from and potentially add to your trading to increase your chances of being profitable every month. SMB added an options trading desk a few years ago. Over that time we have seen a very valuable pattern develop. When directional equities and futures traders are struggling with low volatility, the options desk is usually doing … Read More

When To Get Short Facebook

sspencerGeneral Comments, Trading Ideas, Trading Lesson

Here is a short video clip from our AM Meeting the morning after Facebook reported earnings. I discuss potential trading scenarios including the most common pattern we have seen in the past offering a good risk/reward on the short side. Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, options, forex and futures. … Read More