The theme for Steve Spencer’s 2012 Webinar Series will be “Do the Right Thing”. On the third webinar of the year, Steve discussed how to enter follow through trades in the days following a powerful earnings move. He discussed GMCR, FSLR, FOSL, KORS and LNKD. Trading Follow Through Trades with Steve Spencer from smbcapital
Top 100 Futures Trading Blogs
Today, SMB Capital was included in the Top 100 Futures Trading Blogs under the Advanced category by Commodity HQ.com. Commodity HQ offers educational content, analysis and commentary on global commodity markets.
In Play Snapshot at the Close
This is an end of day snap shot of the SMB Radar In Play list. This is the most important function of the scanner. The Radar uses a number of proprietary algorithms on a pre-screened universe of stocks and processes every tick in search of finding stocks that are In Play. These stocks have unusually high order flow that indicates … Read More
Follow Up on Microchip
Earlier today, around 10:15am EST, we posted a snap shot of the Strong and Weak Today lists on the SMB Radar. These are just 2 of 10 outputs that the algo gives us, but are extremely powerful for intraday swings. We saw MCHP on the top of the Weak Today list. It was also holding below 34.00 support, with room … Read More
FE Trade Review – Maintaining Risk
My play today in FE was to short against 43.80 for a move to 43.00, then ultimately 42.30 if it held lower and really worked. Here is my review. What was working in my favor: – Hard down move on the open on volume – Very In Play on the Radar – Top 5 Weak Today name for most of … Read More
SMB Radar – Price Spike Readings
As we have mentioned in the past, Price Spike readings below 7.00 are usually not anything to be very excited about. Above 7.00 catches our interest (also the level an audio alert kicks in on the SMB Radar). Readings below 7.00 could always develop into more – but are not yet ready to play momentum. This screen shot was taken … Read More
SMB Radar Update – Today’s Range
Here is a quick snap-shot of the top stocks on the Today’s Range list on the SMB Radar. This is just one of 10 categories that the algo captures. @tarhini_smb
SMB Radar Play of the Day – $GPN
This is another play I want to remember. It’s basically a more advanced view of the Spencer Special. In this case it was selling short GPN after a big gap up. We do not simply fade stocks because they are “over bought”. There were a lot of checks in favor of the short (and not at the top by any … Read More