Posts Tagged ‘ trading ideas ’

Sometimes Good News is The Best News To Short

Feb 2nd, 2017 | By | Category: Steven Spencer (Steve's) Blogs
Recently, an inexperienced trader asked me about a stock that traded lower after reporting great news. As any experienced trader will tell you, often that is a great opportunity to get short. Yesterday, Facebook reported amazing earnings with a slew of positive metrics. In the after hours it traded to a new all time high above 137. Yet, I got short in the after hours around 137 and then added to the position in the pre-market below 135. In this morning's video I discuss my trading plan for the day and possible patterns that Facebook might follow. Facebook has a history of gapping higher initially following a strong earnings report Read more [...]


Ten Trades That Have Actually Worked

Jan 8th, 2017 | By | Category: Trading Lesson
You know there is a way to generate profits by trading. You know there is some setup, some strategy, some system that you can trade to get on the right side of the market and generate these profits. Unfortunately, most traders never experience that reality. We know this because we've surveyed thousands of traders. But... rest assured... some do make it. And they don't make it by luck. How do we know it's not luck? Because the traders that do make it continue to make it... year ... after year... after year. Wouldn't it be nice if you could see the setup, the strategy, the system that these traders are using to generate big Read more [...]


The First Trading Fundamental

Feb 9th, 2016 | By | Category: General Comments, Steven Spencer (Steve's) Blogs
At SMB we teach our traders 7 fundamentals of trading. The first is "proper preparation". Each morning I follow a routine that helps me identify the best stocks and risk/reward setups. I enter the stocks and key price levels in a written game plan, and then broadcast a meeting where I offer my thoughts on how things may unfold. Here are three ideas from the February 8th morning meeting. The first two stocks were "In Play" with a fresh news catalyst. I offered potential support areas for long trades. Watch the videos and compare to how the stocks traded that day. The third idea was the biotech ETF IBB which has sold off 40% from Read more [...]


Thoughts On Trading A Bear Market–SPY FB NFLX

Feb 6th, 2016 | By | Category: Steven Spencer (Steve's) Blogs
In this video I offer some thoughts for how the market is setting up for the second week of February. If you are interested in our process for finding the best trading setups each day join me for a free webinar Monday February 8th at 4:30PM. 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 19 years. His email address is: [email protected] Steven Spencer is currently long NFLX and FB My free webinar for identifying the best trading setups HERE Read more [...]


Pre-Market Trade Prep–TWTR TYC SBUX

Jan 25th, 2016 | By | Category: Steven Spencer (Steve's) Blogs
Each morning before the market opens we outline a series of trading ideas. There is a written "game plan" to make it easier to follow along. We identify the best stocks to trade before the opening bell as this puts us in a better position to execute in the heat of the moment. Here is a screen cap of the stocks and key levels discussed in the meeting with charts and comments posted below. First section lists stocks with a fresh news catalyst. Second section are ideas developed from prior trading days' observations. TWTR was "In Play" with four top executives departing. It was gapping lower on the news and we identified to Read more [...]


Inside The Trading Vault – Futures Market Assessment – $ES_F

Oct 2nd, 2015 | By | Category: Anne Marie, General Comments
SMB will be hosting a free webinar on October 6th where I will outline several trades based on techniques taught in the Vault.  The formation above is that of a falling broadening wedge- this is a bullish formation.  The current measured range is 66 points.  We sit above the moving averages and momentum suggests at this time that pullbacks should be bought and upside should grind forward. The goal of buyers will be to break the range of the wedge above.  As of now, the sellers are exerting pressure but pullbacks are likely to be bought.  If the chart fails 1910, we will fall back into the range of the wedge and a likely Read more [...]


Netflix Revisited

Jul 15th, 2015 | By | Category: Steven Spencer (Steve's) Blogs
Netflix traded significantly higher in the after hours following the release of its earnings report. The one item that really stood out for me was the EPS. Despite a revenue number that was basically in line they were able to report an EPS significantly higher than expected. And more importantly they guided the EPS much higher for next quarter. What this says to me is despite the fact that they are spending more and more on content that they are keeping costs under control and it is flowing to their bottom line. So when they say on their call that they believe they can get US "contribution margin" to 40% it is easier for investors Read more [...]


Cool Technology With Some Great Ideas

Jul 10th, 2015 | By | Category: General Comments, Steven Spencer (Steve's) Blogs, Trading Ideas, Trading Theory
In the past few years SMB has built some remarkable trading tools. We led the pack in moving to HTML5 years before others (can use on smartphones and tablets). But beyond the cool technology in Scanner, Radar, and Real Time it is the actual idea flow that comes from very experienced traders. Traders who have spent years learning how to identify the best risk/reward setups. If we look at the past few days in the market there has been a lot of anxiety and a lot of volatility. During this sort of environment to have access to an AM Meeting where I explain short setups in ACE, CNC and TSLA with key levels can be invaluable. I also Read more [...]