In the options universe, there are plenty of traders who are happy to share a new strategy that has either worked well for them in the recent past, or has backtested splendidly over an extended period of time. Regardless of whether these strategies have been developed by competent veteran traders or newer traders who have not experienced every type of … Read More
SMB Morning Rundown – February 17, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Morning thoughts 2/17/11
Good morning traders, Not a lot going on in world markets this morning. Across the board, whether equities, commodities, rates, or currencies we have very little price movement and very little new information this morning. Asia is up slightly. Japan is the standout here, touching new 52 week highs overnight and standing +1.2% at 8:45 EST. Europe is mixed to … Read More
Free In-Office Seminar: Sunday, Feb 20th @ 1pm-2:30pm – RSVP!
****Unfortunately the seminar has reached capacity and we are no longer taking RSVPs. Steven Spencer will also be doing an online seminar in 2 weeks. We will post the registration on the blog next week.**** Join SMB Capital for a free 90 minute IN OFFICE seminar on Sunday, February 20th @ 1pm. Speakers & Topics: Mike Bellafiore, Partner Trading Plays … Read More
CANCELED – SMB Webinar Today: Breaking Down Recent Trading Setups
SMB Webinar with Steven Spencer
SMB Morning Rundown – February 16, 2011
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Morning thoughts 2/16/11
Good morning traders, Word equity markets show a generally positive tone this morning. Asia is up roughly a percent (Taiwan and South Korea are down, however) and Europe is up about half a percent. S&P futures, Japan, and the UK made new 52 week highs overnight. In currencies, the GBP is weak, with big moves in GBPCAD and GBPAUD. AUD … Read More
If 1 Why Not 2?
One of our traders, The Original Jersey Shore, was long big at support in CEPH at 58.50 (Trade 1). He got stopped out. After the close he stopped into my office to discuss. He did not get long above the top of the range after consolidation above 58.57 (Trade 2). If you are in 1 why not 2? Shark was … Read More