Good morning traders, Yesterday was kind of a non-event for the US Markets. We made multi-year highs overnight and opened higher. As often happens, the entire move happened overnight and buyers were reluctant to bid up the already marked-up market. At the end of the day we did see some selling come in, but it really seemed to be a … Read More
Tune in: Mike Bellafiore on KFNN Money Radio’s Bill Tatro Show
Mike Bellafiore to appear on the Bill Tatro Show
SMB Morning Rundown – December 13, 2010
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 for December 13, 2020
Morning setups from Adam
Traders Ask: When is a Market Overextended?
Adam anwers a reader’s question about identifying overextended markets
SMB Webinar: From Good to Great with Steven Spencer
SMB From Good to Great webinar with Steven Spencer.
“Pay attention… this is important”
Sometimes failures of patterns can give us insight into the overall market environment.
A Signal from the Level II
On the Open GMCR and BEC gave us a signal from the Level II, we say Reading the Tape, that they both were going down. After this signal there was opportunity to add or take a position with the side of this signal. Some time passed and then it happened. Both stocks headed in that direction of the signal. 33.50 … Read More