GMan, Joe P and I traded QCOM After Hours (chop!) and then I hopped on the subway much earlier than usual to head uptown. It was a road trip for SMB to experience Avatar on the IMax with 3D glasses. On my ride uptown I overheard some new day traders from another firm talking. I found their conversation unproductive. Three … Read More
SMB Morning Rundown – January 27, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
A Day Trader’s Dream
You couldn’t ask for anything more than AAPL provided today. A selloff that began in the premarket from 208 that ended when a large buyer began accumulating at 203.40. An uptrend that once above 208 offered more than five points of upside. And a downtrend into the close that began with a hard down move through 211 and ended from … Read More
SMB Morning Rundown – January 26, 2010
The SMB Morning Rundown highlights the key levels in the Market and the best trading setup that we have identified for the Open.
A Great Exercise to Improve Your Trading
I can hardly see. My wrists are killing me. My brain is so tired I can barely remember the stock I was trading in the After Hours (AH). Oh yeah AAPL, that tech company run by one of the best CEO’s in the country that everyone has been blogging, talking, and opining about. Cramer is chirping something about something in … Read More
SMB Morning Rundown – January 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.
SMB in TheStreet.com – Potash Falls as Prices Weaken
Steve Spencer, partner at SMB Capital, was cited recently in two articles on TheStreet.com regarding the price action in POT and X. You can read the full articles here: POT, X Don’t forget to follow us on Twitter!
Is the NYSE Manipulating Trades?
Gman, head trader at SMB Capital, wrote an excellent article for Wall Street Cheat Sheet about the way his orders are treated by the specialists at the NYSE. Gman shows how his orders may be front-run by the specialist forcing him to sell lower or buy higher.