Reminder of the Scottsdale Trader Meetup

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Join Mike Bellafiore and the Scottsdale Traders and Investors Meetup Group, the largest and longest surviving active traders group in the Phoenix area on December 14th. Mike will be speaking with the Traders on the following: The trading fundamentals of One Good Trade from inside One Good Trade. How our prop firm makes trading decisions based on Intraday Fundamentals, Technical … Read More

Global Markets Summit 2010

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SMB’s Steve Spencer will be featured on the panel “The Future of Trading” at the Global Markets Summit in New York City at The Waldorf Astoria on Thursday December 9th. Leaders from exchanges, broker-dealers, alternative trading systems, investors and hedge funds will gather to represent their respective sectors and the markets as a whole. Topics debated will include the effects … Read More

Morning Thoughts for December 6, 2010

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Good morning traders. Market trading down premarket near support levels from Thursday and Friday. As long as the SPY is able to hold over 122 we should expect a serious attempt for a breakout of this trading range within the next few sessions. I will be watching FCX BIDU and AAPL as market tells. These stocks are all setup to … Read More

Morning Thoughts for December 3, 2010

smbcapitalJoe P's blogLeave a Comment

Good morning traders.  SPY trading lower in premarket near the middle of yesterday’s trading range.  It is important to consider that the SPY has traded up about five points in the previous three sessions.   Until this market proves otherwise I am looking at this down move in the market as consolidation. The bulls are firmly in control on any price … Read More