we received the following email from a Radar subscriber today (post originally written january 9th): Subject: SMB Radar play in ACOM today Question: Dear Bella, I am trying to develop certain plays based on the SMB Radar that I call SMB Radar Strong and SMB Radar Weak. My thoughts are that I’ll check the names on the strong and weak … Read More
What Do You See?
As traders it is our job to trade what we see. But as humans we may have difficulty being objective evaluating the amount of opportunity the market is offering intra-day. Perhaps you read headlines talking about how “quiet” the market is or that the level of volatility is so low it is too difficult to make money. That information may … Read More
Not Much In Play—Be Very Selective
This is a time to be cautious as a short term trader. Volume is light and there is not much In Play. The SMB Radar is our insurance policy during slow market times to make sure we focus our energy on the stocks with the best risk/reward setups. When I look at the Radar during the day and most of … Read More
Follow Up on Microchip
Earlier today, around 10:15am EST, we posted a snap shot of the Strong and Weak Today lists on the SMB Radar. These are just 2 of 10 outputs that the algo gives us, but are extremely powerful for intraday swings. We saw MCHP on the top of the Weak Today list. It was also holding below 34.00 support, with room … Read More
FE Trade Review – Maintaining Risk
My play today in FE was to short against 43.80 for a move to 43.00, then ultimately 42.30 if it held lower and really worked. Here is my review. What was working in my favor: – Hard down move on the open on volume – Very In Play on the Radar – Top 5 Weak Today name for most of … Read More
SMB Radar – Price Spike Readings
As we have mentioned in the past, Price Spike readings below 7.00 are usually not anything to be very excited about. Above 7.00 catches our interest (also the level an audio alert kicks in on the SMB Radar). Readings below 7.00 could always develop into more – but are not yet ready to play momentum. This screen shot was taken … Read More
SMB Radar Update – Today’s Range
Here is a quick snap-shot of the top stocks on the Today’s Range list on the SMB Radar. This is just one of 10 categories that the algo captures. @tarhini_smb
SMB Radar Play of the Day – $GPN
This is another play I want to remember. It’s basically a more advanced view of the Spencer Special. In this case it was selling short GPN after a big gap up. We do not simply fade stocks because they are “over bought”. There were a lot of checks in favor of the short (and not at the top by any … Read More