Here is a great example from today on how we use the Strong Today column on the SMB Radar. The Strong / Weak Today list is one of my favorite outputs of the algo on the Radar. I like to constantly look through the lists in search for good set ups. I want to find a stock that is In … Read More
A Case of Bias Conflictus on SOA
This is a guest post from a young trader, CP Bias conflictus is a condition that can interfere with proper reads on stocks in a tape reading environment. This bias, for whatever reason, holds sway over the the obvious information on the tape. Seems a case of the ‘irresistible pull of irrational behavior’ (check out the book ‘Sway’ by Brafman). … Read More
SMB Radar – Snapshot at the Close
Here is a 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. This snap shot was taken at the close. The Radar is used primarily intraday, however we still like to look over the different lists at the close while ripping through charts.
SMB Radar Update for September 8, 2011
Here is a snap shot of the Up and Down Trend Columns in the SMB Radar as of 2:20pm EST. The job of these scanners is what you would expect, they find stocks that are trending intraday. This takes care of a lot of the work we have to do as traders. From here you want to be sure the … Read More
SMB Radar – Snap Shot
Here is a glance at a few of the SMB Radar columns as of the close. Although not a lot of high IPR names, there should still be some set ups in here for tomorrow. We saw a lot of price spikes and big movers today on light volume / order flow that still provided great opportunity today.
SMB Radar Update
Here is a quick snap shot of our In Play list on the SMB Radar. Notice $SPY IPR is below 1.00, along with only a few names above 3.00. Stick to the names with a +3.00 IPR. Keep in mind another plus is if you find the stock across the Radar on more columns like Strong or Weak Today, this … Read More
SMB Radar – Snapshot
Here is a look at a few of the columns I use on the SMB Radar, as of today’s close. Notice a lot of blue today which means institutional activity was minimal. Also note that the In Play list has a lot of IPR’s with readings below 3.00. Regardless, I still like to sift through these after the close as … Read More
SMB Radar Update – Miners Weak Today
The Weak Today column ranks stocks based on the price change relative to the stock’s opening price. These stocks tend to have weak opening drives and continuation moves. When looking through the column, we always take note at how In Play the stock is to gauge the validity of the move (Bright Red to Dark Blue). Today there have been … Read More