Here is a short clip of my discussion of KERX from today’s AM Meeting. It is a small biotech that had positive Phase III data. Towards the end of the clip I talk a bit about how momo funds will push around these lower priced biotechs without regard for percentage moves. Too many times I have seen the DNDNs ARNAs … Read More
Guest Webinar: 3 Intra-day Time Frames
Steven Spencer will be breaking down the three major categories of trades that can be made intra-day by time frame. It has become increasingly clear during the past several years that certain intra-day trades should be de-emphasized and others given more attention. Steve will break down a trade from each category and then explain how to best allocate your time. … Read More
I Was Captain of the Mathletes
In high school I was captain of the Mathletes. Once a month we would travel to other schools and compete against their top math geeks. Many of the problems we were asked to solve appeared to be complex but often contained what were simple solutions. In math and in nature things that appear highly complex often can be reduced to … Read More
CNBC Made Me Do It!
Here is an interesting comment from a reader in response to my blog post “My Thought Process: LIFE” Steve, Thank you sir for your thoughts. I constantly look for your tweets during the day. I don’t know why I bought so many books in the past. I have learned a lot from your generosity. I turned LIFE green into red … Read More
My Thought Process: $LIFE
It isn’t my regular practice to “Live Tweet” when I’m involved in actively managing a position. By nature I am not a good “multi-tasker” (don’t get my girlfriend started on that topic 🙂 ). But LIFE was so In Play today that I wanted to share some of my thoughts and actions right as the market opened for trading. So … Read More
January 16th Pre-market Analysis–$GS $HLF $AAPL $FB
Each morning prior to the market open Steven Spencer breaks down the best trading setups for SMB’s trading desk based on news, technical analysis, and pre-market price action. Highlights 02:23 GS analysis and key prices to watch for possible trades 10:50 HLF and two key levels to watch for potential plays 12:00 Figuring what days to trade stocks like HLF … Read More
I Hate Goldman Sachs
I don’t hate Goldman Sachs in the Matt Tiabbi, vampire squid kind of way. Most of the people I’ve known over the years who have worked there are good people (including Gman, who did a one-week stint right out of college before he realized he was a squid out of water :). My distaste is for the Goldman stock GS. … Read More
Danger Will Robinson
One of the final lectures in The SMB Foundation is on risk. Risk as it relates to intra-day trading is not simply evaluating the order book for possible exits if a stock moves against you. It involves understanding the current market environment, the type of catalyst that is the primary driver for a stock on a given day, the price … Read More