How do you make more on your best trades? – Bella
SMB Morning Rundown – June 29, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Market View Updated
Day 17 completed on the S&P 500 consolidation. I have updated the chart to reflect today’s action and have a rough tabulation of the amount of time we have spent trading within each “zone”. The most interesting thing about these 17 days is that we have only spent one full day between 128 and 129. The rest of the time … Read More
SMB Radar Update for June 28, 2011
These are today’s top stocks on the In Play column on the SMB Radar. This is the most important function of the scanner. The Radar uses a number of proprietary algorithms on a prescreened universe of stocks and processes every tick in search of finding stocks that are In Play. These stocks have unusually high order flow that indicates heavy … Read More
SMB Morning Rundown – June 28, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Trading Thought of the Day – June 28, 2011
However, when trading with 60% edge, there’s still a 40% chance of being wrong and a 6.4% chance of being wrong three times in a row. – Adam Grimes
My Take On The Market
My view on the market is encapsulated via a chart on the SPY for the past several weeks. We have been in consolidation mode for 16 days now. I am starting to wonder if we will continue to stay in this range until earnings seasons begins. Each time we have moved to the 126.60 support area buyers have stepped in. … Read More
SMB Morning Rundown – June 27, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.