During today’s morning meeting we discussed some of the recent reversals we had seen in stocks that were trying to push through longer term support. We took a look at reversals that had recently occurred in MON and WYNN. Both stocks attempted to drop longer term support last week but failed. So I suggested that UAL might be a good … Read More
SMB Morning Rundown – December 20, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Higher Time Frame
The concept of a “higher time frame” can have a positive impact on your trading results. In other words whichever time frame you are observing price action to make a trading decision you should consider a longer time frame to assist you. In my experience you can increase your win rate if you make trades in the direction of the … Read More
Morning thoughts 12/14/10
Good morning traders, Yesterday was kind of a non-event for the US Markets. We made multi-year highs overnight and opened higher. As often happens, the entire move happened overnight and buyers were reluctant to bid up the already marked-up market. At the end of the day we did see some selling come in, but it really seemed to be a … Read More
Tune in: Mike Bellafiore on KFNN Money Radio’s Bill Tatro Show
Mike Bellafiore to appear on the Bill Tatro Show
Morning Thoughts for December 13, 2020
Morning setups from Adam
Traders Ask: When is a Market Overextended?
Adam anwers a reader’s question about identifying overextended markets