This morning we saw some pretty heavy selling pressure for the third consecutive day. We then saw some of the leaders bounce from very important prices.
SMB Morning Rundown – January 13, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
“Don’t Be Evil” For Real?
I have to admit that I’ve always been a big admirer of GOOG as a company over the years. I loved it when they told the establishment on Wall Street to f***** off when they did their IPO in a “dutch auction” style. I admire the fact that they push for open systems to the greatest extent possible. And from … Read More
SMB Morning Rundown – January 12, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
There Are So Many Ways To Be Silly
Steve discusses the right trades and the wrong trades in SEED during the upmove from 12.70 to 14.50
I Should Have Made This Trade
Bella answers the Question from his post on Friday about whether he should have bought UPS in front of 60.08 after it broke out from that level on the Open.
SMB Morning Rundown – January 11, 2010
Today, the Market appears set to open higher. The levels we are watching in the SPY are 114.50(sup) and 115.12(res). Below 114.50 the next support level is 114.30. Above 115.12, we could see upside to 115.90. Our best AM Idea for today, which we highlighted in our AM Meeting is to buy YGE if it holds above 18.60. Tgt: 19.70 … Read More
Was I Correct Not to Make this Trade?
I just spent thirty minutes writing in my trading journal about a trade I did not make. I am pretty sure the young trader recently moved next to me thought this was a little odd. And then I got up and walked around our trading floor (btw very nice digs) and talked to anyone who would talk back about the … Read More