Critical Feedback: ACN

sspencerSteven Spencer (Steve's) Blogs, Trader Development4 Comments

I would like to spend some time reviewing how ACN traded on Friday October 1st.  The big picture in this stock was they had reported their earnings and raised guidance going forward.  The initial reaction to the news was that it popped in the after hours on Thursday.  The next morning it was trading above the previous day’s after hour … Read More

The Nibble Trade- (RIG)

BellaMike Bellafiore's (Bella's) Blogs1 Comment

RIG was the best stock intraday. 56 has been a huge level. Thursday during the AM meeting Jersey Shore highlighted this level. During the AM meeting Friday he did as well. Intraday he called out, “RIG above 56.” GTL. Gym…..Trading……Laundry. And yet some on our desk did not catch most of the move. Why? 1) All levels are not created … Read More