Whenever I write a piece like this a fear enters my mind that I will eventually “arb” myself out of the market. Today INFY had Very Large gap higher. Recently, I did a webinar that addressed this trading scenario from a day and swing trading perspective. I also posted this video on how to trade “Very Large Gaps”. My view … Read More
The #NewNormal and $SPX 1680
I was on BBC a few days ago to talk about the market’s reaction to the “fiscal cliff” legislation. I had hoped to use the opportunity to spend some time clearly outlining a concept I discussed in my final webinar of 2012. The BBC economics reporter prattled on longer than expected so I only had about 60 seconds to outline … Read More
Trading Lesson: $HLF
In this video Steve offers two trading tips on how to improve your results. 1) The importance of being present throughout the trading day 2) Using tape reading to add to a position in a very low risk way Steven Spencer is the co-founder of SMB Capital and SMB University and has traded professionally for 16 years. His email is … Read More
AMZN Trade Prep From December 18th
Here is a snippet from December 18th 2012 AM Meeting where Steve Spencer discusses his thought process in AMZN. SMB has never believed in the idea of a “stock picking” service. Professional traders become profitable through building a variety of skills over a long period of time. However, listening to the thought process of a seasoned professional with 17 years … Read More
A Stock May Trade Higher When New Competition Enters Their Market
On December 12th CSTR announced they would be starting a streaming service in competition with NFLX. My initial reaction was a smile and a bit of a chuckle. CSTR has been doing very well for the past few years offering $1 DVDs at supermarkets. A simple business model that was leading to good cash flow. Now it was going to … Read More
“Reversal Rehearsal” Guest Post
Thanks for all the submissions regarding the DG reversal trade that occurred on December 12th. This post was written by a college student who participated in one of the SMB College Training Programs last Summer. Although the post is short and to the point I think Tim captures some of the key elements we look for in a low risk … Read More
Two Pics As A Post
ANF November 14th 2012 GMCR November 28th 2012 Steven Spencer is the co-founder of SMB Capital and SMB University and has traded professionally for 16 years. His email is [email protected]. No relevant positions
Over Trading
STEVE- Good evening! I have been enjoying my trial membership to the “Stocks in Play” feature of SMB, and I am considering signing up for the In play/Radar/Chat side of things. I have thoroughly enjoyed the morning meeting’s, and have really appreciated the information put out there. I came to know of SMB largely by reading “One Good Trade”, and … Read More