The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
This Trade Has Been Eliminated
This morning I mentioned to our traders that AKAM was in unchartered territory. The next long term resistance level was around $40. I also said the gap up was fairly large so I offered that it might take a few days to get to the 40 level. Wrong!! AKAM delivers content over the internet. The explosion of mobile broadband is … Read More
NASDAQ OMX/GET YOUR SH*T TOGETHER
I have no idea which is worse the manipulation that I have observed in DNDN the past few years or the way the NASDAQ and SEC handles the manipulation. Last year DNDN was pushed intraday from 24 to 7 and the NASDQ decided to halt. There was no news and no prosecutions. It re-opened after the halt at 25. There … Read More
SMB Morning Rundown – April 29, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
SMB Morning Rundown – April 28, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Scalable Trades
Over the last six months or so I have reflected back on my trading and have changed my style a good chunk. I have realized that as part of my development to become a bigger trader I have to focus a lot of my energy on trades that are scalable when the market permits it. I can’t tell you how … Read More
Proper Preparation
Every morning before the market opens I review the list of my top trading ideas. Recently, they have mainly been long ideas as the market is a raging bull. But I’m always armed with a few shorts in case the market decides to come in. One of the great pluses of being a short term trader is that you can … Read More