Here are the scans as promised in last week’s webinar.
The Shake, GMan, the Newbs and ETP
50.50 was the important technical level we were hawking in ETP. Stock In Play. We have our level. ETP opens below, does tons of volume just below the level, and then holds above 50.50. Long right? Easy right? Well if only trading were that easy. Yes we want to be long. But can we stay in the long while responsibly controlling … Read More
SMB Morning Rundown – March 29, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Stock scans for 3/28/11
Here is the sheet from last week’s webinar: link here
A LULU Lesson
There wasn’t a lot of fresh news today so the focus of SMB’s AM Meeting was Second Day Plays and Technical Setups. SDPs are setups in stocks that were In Play the prior trading day and tend to offer some well defined opportunities for a few more trading sessions. TSs are setups based on a longer time frame technical pattern … Read More
What I love about options trading
I’m sitting here this morning in the offices of SMB capital in downtown Manhattan, making some notes in anticipation of a blitz I”ll be doing this week, recording the majority of the videotapes that will form the core of our options training program. It brought me back to my first days as an options trader and the intense excitement … Read More
SMB to Attend Security Traders Association of New York Event
Mike will be speaking about the status of Man and Machine in today’s markets.
No Excuses
I am too tired to rip through charts. This market is too hard. This market is too slow. It’s too nice out to stay for the close. I have to meet some buddies for drinks. I need a faster computer. My platform sucks. My firm doesn’t care. If only someone taught me (fill in the blank). I am not smart … Read More