In this morning’s AM meeting I joked about the fund’s that were caught short in today’s gap up in DKS. Whenever I come across a stock that is heavily shorted like a DKS I try to put myself in the shoes of the people who think it is worthwhile to get short such a stock. It isn’t hard for me … Read More
Volatility Clustering: Unveiling the Non-Random Nature of Markets
Volatility can be more predictable than the behavior of actual prices.
Steve Goofs Big Time at the AM Meeting
Watch a snippit of our AM Meeting where Steve goofs big time. You can catch more of our AM Meetings where we discuss important stocks for the trading day, along with their key levels. And Congratulations to Mike!!!
SMB Trade of the Day (RIMM)
Spencer was chirping to watch RIMM. It traded in a range between 56.40 and 56.80 after showing some strength on the open. I bought a pullback to 56.61. Spencer remarked,”You just bought in the middle of the range.” These words were innocuous on their face but he meant: WTF is wrong with you jackass. Buy 41c or 81c or do … Read More
SMB Morning Rundown – November 9, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Reading the swings in the market
A look at reading the overall market during the trading day.
A ?4 the Trading Community (Part II)
I received the email below from an SMB Blog Reader: I’m sure you are really busy so I don’t necessarily expect a reply or anymore of your time..I do want to say Thanks again however. I have pinpointed my issue..and it seems crazy. I don’t seem to have the balls to saty in winners long enough. Every thing I went long in … Read More