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 – March 23, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
The Risk of Not Being In It
So we were sitting around talking about who was trading what. We came around to ROYL. Some punched it up. “Nice!” “That looks really good!” There was some talk of 6.75 kinda being a level. A quick glance at the intraday charts shows 5.65 resistance. You heard some of: “I would love to pick that up at 5.30 into a … Read More
SMB Morning Rundown – March 22, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Monthly Options Spread Trading is a Twelve-Inning Game
Imagine a major league baseball game, where your favorite team gave up no runs for the first eight innings and then twelve runs in the ninth. Are you happy if the opposing team gave up one run in each inning of that same game? Of course not. The opposing team won 12-9. Yet the opposing team “lost” each of the … Read More
A Reason to Lighten Up
Everyone wants to get big. Great goal. To trade big responsibly you must have ways to lighten up. Today was one just way in QCOM. So Solo J was in QCOM and looking to get bigger. QCOM was nicely above the longer term resistance at 53. QCOM was also cleanly above a slight intraday level of 53.50. A solid opening … Read More
College Traders Speaker Tour
Mike Bellafiore will be speaking at Indiana University to potential up-and-coming traders. There has been a significant interest in trading among college students. SMB just started an in-house internship for college underclassmen to take our training program during a five week summer session. In this new age of trading, students have an edge if they can develop the skills early … Read More
SMB Morning Rundown – March 21, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.