SMB on CNBC Halftime Report

This afternoon I appeared on CNBC’s Fast Money Halftime Report. During the show, I offered my opinion on oil, AAPL, and MCD. Oil collapsed off recent highs based on increasing inventories and seemed to struggle at the $68 level. I took sales in my positions around $68 and am looking for a pullback to the low $60’s or high $50’s … Read More

TIVO- Remember Me?

One of the great things about being a trader is you get to trade whatever you want whenever you want.   I haven’t touched TIVO in years.  Honestly I cannot remember the last time I traded it. Why would I want to?  What is it’s intraday daily range?  Ten cents?  But I did today.  And it offered a few great … Read More

SMB on CNBC HALFTIME REPORT (in the studio)

Jeff Tomasulo, senior trader at SMB Capital, appeared today in the studio on CNBC’s Fast Money Halftime Report. Watch the clip here and leave your comments on this blog. Best of luck with your trading! Don’t forget to follow us on Twitter!. Please follow and like us:

SMB Capital Blog – Now in Russian!

For our Russian speaking traders, check out a translation of some of our blog posts: Don’t forget to follow us on Twitter!. Please follow and like us:

Stock Selection

The key to my day today: stock selection.  It was pretty clear this morning that the action was going to be in the financials that had announced secondary stock offerings.  JPM, STI, AXP, and MS all sold stock to the general public so they could pay back the TARP money and get the gov out of their hair. In our … Read More

A Must Read: The Daily Trading Coach

The first time I met Dr. Steenbarger was in the smaller conference room of our proprietary trading firm in NYC. We were finalizing our training program and we wanted the best teacher that we knew to review our work. He wasn’t being paid, he was just a trading coach offering a helping hand. As Dr. Steenbarger offered his critique I was … Read More

Question From a New Trader

I received the following inquiry from one of our talented new traders while going over our mentoring spreadsheet. “I took a pretty big rip late in the day in this stock and wanted to know if I got out of it the right way; there was a battle between 48.12 and 48.15 and I paid for 100 at 48.16 when … Read More

Don’t Overthink the Market

Saw a lot of tweets about whether the market could trade higher this afternoon.  Chirp!   There were the call outs that volume was light.  Chirp!  Some pointed at the financials not rallying. Chirp! Others highlighted the weakness in V, MA, JPM, etc.   I have to share a funny story.  One of the smartest guys we have traded with … Read More