Recognizing A Strong Stock

smbcapitalFree Daily Trading Video, General CommentsLeave a Comment

In our SMBU Daily Video, learn how short term traders describe trade setups on an intraday basis. In this video from Steve Spencer, you will learn: The thought process of an intraday trader How Steve looks for potential long/short trade setups How to gauge whether a stock is weak or strong We hope this video helps you improve your trading … Read More

Muscle Memory and Patience–Trading $ACAD

sspencerGeneral Comments, Steven Spencer (Steve's) Blogs, Trader DevelopmentLeave a Comment

I like to say that stocks have “muscle memory”. There are several possible meanings for this expression: 1) A stock will repeat a strong move from a particular inflection point–this applies to both intra-day and daily levels; 2) A stock will move with a particular “cadence” intra-day that can be gamed to the trader’s advantage (or ignored to their detriment); … Read More

My Thought Process: $AAPL

sspencerGeneral Comments, Steven Spencer (Steve's) Blogs, Trader DevelopmentLeave a Comment

Here is a timeline of my trading thought process starting on April 24th the morning after AAPL reported earnings through April 29th. I want to put this first StockTweet in context. After AAPL released their earnings report trading was halted. AAPL announced a capital plan to return about $100 billion dollars to shareholders via dividends and stock buybacks. They reported … Read More

Think you can day-trade AAPL?

Greg LoehrGeneral CommentsLeave a Comment

This post is another in a series that we will be publishing over the next month , tracking the hypothetical performance of broken wing butterfly trades selected by Greg Loehr of If so, then this is where you can potentially make a killing with the hypothetical broken wing butterfly we’ve been tracking over the past week. The hypothetical fly … Read More


BellaMike Bellafiore's (Bella's) Blogs2 Comments

Not all levels are created equal.  As traders we must differentiate which levels are most important.  Less important levels require more checks for us to take positions.  Well fresh news just might be one of those checks. VZ had fresh news today.  From Rumors have been circulating that a new Apple ( AAPL – news– people ) iPhone, equipped to operate through Verizon Communications’ ( VZ – news – people … Read More