The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Execution Trading Skill
Trading is a skill. Gaining trading skill takes time. Today in JNJ and HAL execution trading skill was essential. Let’s quickly discuss two trades to illustrate this important trading point. JNJ was in play. Amazing Andrew was hawking the 62.10 level as intraday support. Something about the premarket. JNJ opened and traded down towards his support level. 14c held the … Read More
A tool for comparing your levels to random levels.
A tool for seeing how your levels compare to random levels.
SMB Radar Update for April 19, 2011
With earnings out we see a mixed bag of sectors In Play. These are today’s top 10 stocks on the In Play column on the SMB Radar. This is the most important function of the scanner. The radar uses a number of proprietary algorithms on a prescreened universe of stocks and processes every tick in search of finding stocks that … Read More
SMB Morning Rundown – April 19, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
SLW 40: Opportunity for the Skilled Trader
I was walking the trading floor, making my rounds, when a trader motioned for my opinion. “Bella what do you think of SLW?” “Looks weak intraday. Where is the next support level?” The trader searched his longer term charts and muttered,”40.” Guess where the stock was near? 40.40 but heading towards 40. I asked, “Are you going to get long … Read More
NYC Style Salsa Dancing and Tape Reading
LOL …. Salsa dancing and tape reading? Am I serious? Have I lost my mind? Grab your dance shoes I’m serious. NYC style salsa dancers believe they are the best salsa dancers in the world. The style they dance is called On2. The On2 style allows for the performance of intricate turns and steps within a small space. The steps … Read More