The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Technical Analysis: Four Basic Principles
We have all seen so many lists of trading rules that we sort of become numb to them. Even if they contain good advice (“always respect your stops”), they are so omnipresent in the trading literature and on Internet forums that we probably don’t pay as much attention to them as we should. I want to share a very different … Read More
Where Are You Going?
Where are you going? Where do you go? Are you looking for answers to questions under the stars If along the way, you are growing weary You can rest with me until a brighter day, and you’re ok Dave Matthews Band, Where Are You Going? Yesterday I blogged that the market mainly traded between 115.60-160.30 SPY. Yes it spent some … Read More
SMB Morning Rundown – May 11, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
Who Stole My Volatility?
Last night on Stocktwits TV I discussed some adjustments traders can make to trade increased volatility. The VIX had climbed from 18 to 40. Friday the VIX closed above 41. These are the markets short term traders crush. Today I walked in with the VIX off over 30 percent. It has rebounded nicely to close above 30. … Read More
Uncovering Intraday Relative Strength: A Clue to Market Sentiment and Direction
A look at how short-term relative strength can give insight into the power of the bulls vs the bears and future market direction.
Traders Ask: How Much Capital Do I Need to Trade?
I’ve lost tremendous amounts of money in various markets and I think that that’s something that makes you better at my job, not worse. Jim Cramer I received this email from reader Danielle. My sense is that our blog readers would have strong opinions that would help Danielle. So I open up this blog asking for your advice to Dan. … Read More
Traders Ask: Consistency
“If I hadn’t made money some of the time I might have acquired market wisdom quicker.” — Jesse Livermore I received the following question from reader Angel: Hi Mike, I hope that my email finds you well. Trading has been going very well, and I’m very happy with my results. I love this business! Mike, I would like to suggest … Read More