The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
4/4/11 scans
Scans are here
If you love the level you have to reshort
Before the open we identified 55.80 as an important level in RIMM. I will let you decide how important this level was to you. But I will make an important trading point. If you love a level then you have to be willing to trade off of this level a few times. RIMM is an excellent example from today. Many … Read More
Nightly Routine by Adam Grimes
Nightly routine with Adam Grimes
Why I Love KISS…Not The Rock Band!
So you’re a day trader. Ok, you have the computer, a few monitors, and a brokerage account with a few bucks that is going to make you many more bucks. Throw in a charting program, a few books worth of knowledge and the passion for trading and your set. Now what? Good question! As a new or even a struggling … Read More
Traders Ask: When Do We Switch From Momentum to a Position Trade?
Bella, I have attached a couple plays from this week. I don’t have the the tape for them but I explain it with the arrows. I also had a quick question. Today i my worst day trading NYX. There was so much volume done in a tight range that I expected an explosive move up once the stock showed its … Read More
SMB Options Trade of the Week: Heart Friendly Butterfly Sequel
Seth Freudberg discusses an option trade on the SPX.
SMB Morning Rundown – April 4, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.