We teach a class, SMB DNA, and a student asked this question about the chart above from this class: As you can see from the chart, after price broke above 238.40 and traded above it, price tested and rebounded from the level 4 times. It seems to me that this suggests the level is significant intraday as well. The 3rd … Read More
Invest in your trading business
Invest in your trading business! One constant theme on our trading desk is encouraging traders to invest in themselves. One 500k-a-year trader on our desk didn’t want to spend $190 a month on an options platform that could make him an extra 50-100k a year. When we laid out these numbers he quickly realized this folly. Recently I encouraged 8 … Read More
Job Opening- Director of Sales and Business Development
SMBU, an industry leading trading education company, is seeking a Director of Sales and Business Development to build an effective sales team, increase revenues, and enhance company growth. The position is located in our midtown Manhattan office, but our market is global, with approximately 60% of sales from the U.S and 40% from international sales. As our Director of Sales … Read More
Business Insider Makes Outlandish Claim
The other day I read a post on the insightful blog “AVC”, which is written by venture capitalist Fred Wilson. The post dealt with Fred’s thoughts on some technology trends for 2015 and beyond. As usual the post was written in clear and measured prose. I took note of his comment that he believed the Apple Watch (iWatch) would not … Read More
SMB’s Steven Spencer: A Must-Follow on Twitter for Trading Insights and Tips
……………………………………………………………………………………………………………………………………………………………………………………………. Business Insider put together a list of the top traders to follow on Twitter. Among the best names in the world of finance, SMB’s Steven Spencer was included in the list of top traders to follow on twitter. You can follow Steve @sspencer_smb. You can also get daily trading commentary from Steve in our AM Meeting. Many SMB friends … Read More
Steve Spencer named one of: “The 106 Finance People You Have to Follow On Twitter” by Business Insider
Steven Spencer, @sspencer_smb, was recently named one of “The 106 Finance People You Have to Follow on Twitter” by Business Insider. To read the full list, please click here. Nice Job Steve! Well deserved! Written by the SMBU Team