I received a very good analysis of a trader’s HPQ trading after the close. Let’s take a look and then discuss. HPQ – Considering I was in the opening drive, I definitely should have made money in HPQ today. After fees/etc. I’m sure I was down in it. I bought some (but not enough) above the 24.30-35 area. I got … Read More
Shorted HPQ But Not For Size
I shorted HPQ on the Open at 43.70 but no for size. It is more than a point lower and I am reviewing whether I was a wuss, my intuition not to short with size was appropriate, or something else. At SMB we make trading decisions based upon three factors: Reading the Tape, Intraday Fundamentals, and Technical Analysis. HPQ had … Read More