The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Shorting MDT
We make trading decisions based upon three factors: intraday fundamentals, Reading the Tape, Technical Analysis. I traded MDT today using all three to start two shorts. These are trades that if I made 1000 times I would profit. Intraday Fundamentals We trade stocks with fresh news. Today we had new news with MDT: Co issues downside guidance for FY11, sees … Read More
SMB Morning Rundown – August 24, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Time of Day Tendencies in the S&P 500
A look at some time of day inflection points in the broad market.
HPQ BIDU and some JAZZ
Well its slow out there. This AM there were only a few stocks with fresh news. JAZZ was one of them. HPQ and the proposal of them potentially buying PAR was another. So I traded both. As I write I am also short BIDU. Let me share my thinking. JAZZ From Briefing.com: Jazz Pharma shares trading 30% lower following Friday’s … Read More
Reformed Broker Reviews One Good Trade
Joshua Brown from the Reformed Broker believes One Good Trade by Mike Bellafiore, currently the number one trading booking in the country, is more than just a trading book. He says the book is about process, the value of focusing on methodology in your daily tasks and allowing the end results to take care of themselves. Read the full review … Read More
SMB Morning Rundown – August 23, 201
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
First Team Wall Street: The Next Generation
Give me six hours to chop down a tree and I will spend the first four sharpening the axe. — Abraham Lincoln An extensive FX training program is being created for a college investment club as I write. The creator is a junior in college. A bright young trader visited SMB from the Midwest for a tradecast during summer vacation. He … Read More