Just got back from a 5AM run. It occurred to me as I evaded a two foot rat, dodged the lightening, and got soaked with my morning run in Central Park that I am on the wrong side of a few health care trades. Picked up a Passion Iced Tea at SBUX after my run. How come Stevia is not … Read More
DNDN- A Replay
Before the Open I asked SMB Trader CST, “What are you looking at?” “I am thinking of trading DNDN Bella. I am looking for an opening drive.” I checked briefing.com: Dendreon: Provenge launch is on track The market reacted positively to this news as DNDN was gapping up. On our long term charts 37.50 and 40 were the next important … Read More
Listening and Trusting Other Traders on a Prop Floor (MoneyShow)
This article by SMB was published at the MoneyShow.com. Some really nice video interviews of Bella are attached to this publication.
Book Review of One Good Trade from CrossHairsTrader
CrossHairsTrader wrote this thorough review of One Good Trade: Inside the Highly Competitive World of Proprietary Trading (Wiley Trading): When I assess the quality of a book I ask myself four questions: 1. Did the author teach me something I did not already know? 2. Did the author reinforce much of what I already know? 3. Did the author leave … Read More
SMB Morning Rundown – August 4, 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 Trade of the Week: VPRT
Watch SMB Trade of the Week, a bearish momentum trade in VPRT.
Overthinking Yourself to Underperformance
Before the open BHI was identified as one of our Top Five trading opportunities. Many of our traders focused on BHI on the open. Here’s why: a) BHI had earnings b) BHI gapped down c) BHI was below an important longer term technical level of 46 d) the buyers at 46 lost in the premarket I am sure some traders … Read More
SMB Morning Rundown – August 3, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.