SMB Capital Stocks In Play Call Review. Each morning before the market opens we discuss the stocks that we believe will offer the best risk/reward trading opportunities intraday. Today’s review featured YOKU, ORCL, SODA, MCP,GMCR, FCX and AAPL PDF Summary Gameplan March 12th Steven Spencer is the co-founder of SMB Capital and SMB Training and has traded professionally for over … Read More
I Love Being Wrong–SODA
One of three In Play names discussed in today’s AM Meeting was SODA. It was gapping up to 36 which is a longer term resistance level. My initial thought was the news didn’t seem like a big deal and it would be a nice short on the Open against this level. As the market opened it traded a few cents … Read More
Why I Traded MCP Today
My primary stock on the Open was GMCR. It is a classic momentum stock that had fresh news and a large pre-market gap. This type of setup is usually my #1 choice to trade on the Open if available. I have internalized the possible price patterns for this setup having traded it hundreds of times over the years. My second … Read More
Surviving The Volatile Markets And Trade Confidently
Mike Bellafiore, author of the “trading classic” One Good Trade, was mentioned in Shares Investment Magazine during his trip to Singapore. To read the article click here: Surviving The Volatile Markets and Trade Confidently
March 8th – AM idea
disclosure: Short: $AIG, $C, $SPY, $P, $AGNC Long: $HDY, $TZA
March 7th – AM idea
disclosure: short $DSCO, $P
The March Bearish Butterfly Trade Update–A Strong Finish
This is the fouth and final post in a series that we published over the previous weeks, tracking the hypothetical performance of the bearish butterfly trade as it would have been handled according to our guidelines contained in SMB’s Bearish Butterfly Video Series. As of our last writing, the $RUT index closed at 823 and the trade was down 4.5% … Read More
Be your own better trader
Greetings from Capetown. I received this daily review from a solid developing SMB trader from which we can learn………. I am so disgusted with how I traded today… probably the most mad at myself I have been in weeks… I made so many mistakes today… Overtrading… trading too much away from good prices… this is a huge problem in something like DPZ and … Read More