This is a time to be cautious as a short term trader. Volume is light and there is not much In Play. The SMB Radar is our insurance policy during slow market times to make sure we focus our energy on the stocks with the best risk/reward setups. When I look at the Radar during the day and most of … Read More
RIMM RIPper
I have blogged about RIMM a bunch of times in the past three years. In fact, I remember someone writing a comment after a post one time that the SMB blog only discusses five or six stocks including AAPL, FCX, RIMM, and CAT, to which I retorted poppycock! We discuss the stocks that are In Play. RIMM was probably my … Read More
SMB Radar – Set Up In $MJN
Here is a great example from today on how we use the Strong Today column on the SMB Radar. The Strong / Weak Today list is one of my favorite outputs of the algo on the Radar. I like to constantly look through the lists in search for good set ups. I want to find a stock that is In … Read More
SMB Radar Update for August 1, 2011
The Strong/Weak Today column ranks stocks based on the price change relative to the stock’s opening price. These stocks tend to have strong/weak opening drives and continuation moves. The idea here is to find opportunity in the strongest/weakest stocks in the market. When looking through the column, we always take note at how In Play the stock is to gauge … Read More
SMB Radar Update for July 28, 2011
There has been a lot of long and short opportunity in the market today. Here is a snap shot of some strong and weak stocks based on the SMB Radar going into the close. The Strong/Weak Today column ranks stocks based on the price change relative to the stock’s opening price. These stocks tend to have strong/weak opening drives and continuation … Read More
MCP – Radar Trade Part Deux
Yesterday MCP flashed to the top of the Price Spike list again (first two arrows) on the SMB Radar. Knowing what happened last time this occurred, it was something that had to be pulled up immediately. Having been prepared since the last alert we see on Friday, support and resistance levels were already noted – we simply had to watch … Read More