High Frequency Trading (HFT) is supposed to be the new superstar on the Street. I wonder if this will be the case in ten years. More importantly, are we ignoring excellent trading opportunities because we perceive HFTs as the superstar? The NASDAQ Day Trader used to be king. Tech and then Internet stocks rained money on then this new breed … Read More
SMB Morning Rundown – April 9, 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 8, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
I AM A TRADER
We watched tape of MEE from yesterday after the Close. It was a very difficult stock. But I heard a comment from a very bright trader that I bet is heard on other trading desks:” I don’t like scalping MEE because I can’t tell when it is going to spike 20c against me.” I know too many traders passed on … Read More
SMB Morning Rundown – April 7, 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 in TheStreet.com – Farmers May Force Monsanto Price Cut
Steve Spencer, partner at SMB Capital, was cited in an article on TheStreet.com
Don’t Let An “Idea” End Your Trading Career
In today’s AM Meeting I mentioned that AMZN has been unusually weak the past couple of days. If it got below 130.50 I thought there would be a lot of momentum longs who would panic and the stock would drop to 128. That trade never materialized. The first move in AMZN was up. The second move in AMZN was up. … Read More
SMB Morning Rundown – April 6, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.