BellaGeneral Comments, Mike Bellafiore's (Bella's) BlogsLeave a Comment

Tomorrow is Opening Day!  All the statistics from last year are thrown out and we start anew.  Spring has arrived with its warmer weather, flowers blossoming and sunlight extended.  All those fans of non playoff teams gain a great gift- hope. No matter that the Tampa Rays failed to make the playoffs in 2009 as most predicted- this could be … Read More

A Day Trader’s Dream

sspencerGeneral Comments, Steven Spencer (Steve's) Blogs4 Comments

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

Trading Gap Downs on Earnings Day

DovDov Quint (Dov's) Blogs, General CommentsLeave a Comment

Every morning I scan through several news sources and rip through charts and screeners to find the best intra-day trading opportunities. The best setups are usually in stocks that have decent sized gaps (anything more than 5%), and have some fresh news (earnings/guidance, upgrade/downgrade, etc.) Today, although I had a few stocks on my watch-list, I decided to focus on … Read More

Ban Day Trading Part I

sspencerGeneral Comments, Steven Spencer (Steve's) Blogs15 Comments

I began my professional career as a “day trader” a little over thirteen years ago. Little did I know at the time that I would one day become a strong advocate for banning myself from the market. The Institutional Day Trader First, let me offer a little bit of background information regarding “day trading” before I explain why it, other … Read More