I noticed that the first blog I wrote on GS from a few days ago received a few comments/questions. Let me share a bit more of my analysis on why I was interested in trading GS the day following earnings and specifically how I selected possible entry points for trades. GS is one of the most difficult market leaders to … Read More
SMB Morning Rundown – October 25, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
The Best A Set Up for this Market (An Example- AMLN)
Last week SMB visited the selfless trading conference held by Tickerville. My call was to share an A set up. A set ups are our favorite trades. We have A trades, B trades and C trades. With an A set up we trade a stock with more size, hold longer, and perhaps set a larger stop. We put on 30 percent … Read More
Q&A With Mike Bellafiore and The Kirk Report
Charles from The Kirk Report interview Mike Bellafiore.
SMB Morning Rundown – October 22, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Why I Lost Money In GS
Yesterday I traded GS. It was a second day play following their earnings release on Tuesday. GS has been showing signs of life recently, and after observing Tuesday’s price action I was fairly confident it could trade up to 160. And perhaps over the next two weeks up to 170. We discussed GS in the AM Meeting and I clearly … Read More
SMB Morning Rundown – October 21, 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 October 21, 2010
Good morning traders, having some computer issues this morning so I asked Adam to share his morning thoughts from his daily market letter at www.themacroreport.com I will be on twitter highlighting some of my trades and my market view during the day. Follow me @ JoeP_SMB “Equity markets around the world have had nearly two months of smooth sailing—an easy … Read More