Building some consistent rules for drawing and using trendlines…
SMB Morning Rundown – May 21, 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 – May 20, 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 Just Trying to Get Better
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SMB Morning Rundown – May 19, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Sectors and Money Flows Revisted
Another look at how sector relative strength has played out in recent market moves.
Reading the Tape In Multiple Time Frames
I was trading V today for the third consecutive day. My initial bias was short based on the weakness on the tape I had seen during the prior two days. During yesterday’s two point pop in the SPYs I found it to be very telling That V barely bounced. So I came in today ready to get short again. The … Read More
SMB Morning Rundown – May 18, 2010
Today, the Market appears set to open a bit higher. The levels we are watching in the SPY are 114.70(res) and 112.90(sup). Above 114.8, the next support level is 112.80 and the next resistance level is 117.2. Our best AM Idea for today, which we highlighted in our AM Meeting is to buy WMT around 52.80. Don’t forget to follow … Read More