In our SMBU Daily Video, Mike Bellafiore takes a look at GoPro and possible next trades. In this video you will learn: The major technical levels to watch in GPRO The fundamentals weighing down the stock Three trades to consider for those bullish Why GPRO has traded down from 100 What would make GPRO trade higher We hope this video helps … Read More
What I learned from visiting SMB Capital
Here’s a guest blog post from Austin Mitchum, an active writer on his blog A Technician Plays that Market………. I have just returned from a very special holiday in New York. Whilst there, I was fortunate to meet with Mike Bellafiore (Bella), co-founder of SMB Capital and author of “One Good Trade” and “The Playbook”. SMB is a proprietary trading firm … Read More
Execution Trumps Trading Ideas Every Time
The fourth stock discussed in today’s AM Meeting was NXPI. It was gapping lower on very negative guidance for next quarter. A common intra-day pattern with this type of news is an explosive move to the upside in the first few minutes followed by a downside reversal. I noted in the meeting that because the gap was so large the … Read More
How We Traded TWTR and How to Trade it Going Forward
In our SMBU Daily Video, Mike Bellafiore discusses how he traded TWTR and how to going forward. Here are the keys for TWTR: MAUs (Monthly Average Users) Innovations to make TWTR easier to use The success of Moments The Street’s view of @Jack TWTR as a takeover candidate We hope this video helps you trade Twitter better. Transcript Welcome to … Read More
Options Trading Modes (SMBU Daily Video)
In our SMBU Daily Video, learn more about the two modes of options income trading. In this video from Seth Freudberg, you will learn: Greek based trading mode Statistically based trading mode How our option traders develop option income strategies pertaining to these modes We hope this video helps you improve your trading. – SMBU Team * no relevant positions … Read More
Trading Insights on Weight Watchers, McDonald’s, SPY, and American Express
Mike Bellafiore was interviewed for Benzinga Premarket Prep this week. He gave his trading thoughts on Weight Watchers, McDonald’s, SPY, American Express, MMM, ACAT, CTXS. Here is what you can learn as a trader from this discussion: The reversal trade in WTW that Mike and SMB made and he is asked about in detail The key level to watch in … Read More
How I Became a Consistently Profitable Trader [True Story]
I spent 25 years working for a big company. It was a great job, but like most big company positions, it eventually wore me down and burned me out. I happened to talk to my dad one day after a particularly stressful day, and he asked me about work. I told him, “I can’t do this anymore.” He asked me … Read More
What is your trading process? Does it work? Why not?
Is your trading process simply not working? In a recent survey to traders that follow SMB, we found that a vast majority of traders (over 84%) are getting mediocre results or negative results in their trading. Even the most passionate, intelligent, and committed traders are among this group. But it doesn’t have to be that way for you any longer. … Read More