How We Traded TWTR and How to Trade it Going Forward

In our SMBU Daily Video, Mike Bellafiore discusses how he traded TWTR and how to going forward. Here are the keys for TWTR: MAUs (Monthly Average Users) Innovations to make TWTR easier to use The success of Moments The Street’s view of @Jack TWTR as a takeover candidate We hope this video helps you trade Twitter better. Transcript Welcome to … Read More

Spencer named as a must follow in finance on Twitter

Steve Spencer, AGAIN, was recently named a must follow in finance on Twitter.  Congratulations Steve and the SMB Capital trading community. Here is what Business Insider had to say about Steve: See more of our friends who were named here. *no relevant positions

SMB’s Steven Spencer Named A Must Follow On Twitter

……………………………………………………………………………………………………………………………………………………………………………………………. 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

Is Twitter a Short or a Long?

During our SMB Midday Recap we discussed: 1) Whether to trade $TWTR on the long or short side today 2) Our profitable short trade in $TSLA 3) An excellent risk/reward trade we made today in $WFM. This setup worked very well today whereas yesterday another long setup in WFM. They call it trading See our video below for access to … Read More

How We Traded Twitter ($TWTR)

After the close yesterday we discussed how we attacked the Twitter IPO ($TWTR). Four strategies were discussed: 1) Buying the opening print 2) Buying consolidation after Twitter settled down 3) Buying $TWTR when it held above VWAP 4) Using the level learned from trading today, 45, as an important technical level going forward We also watched the tape of Twitter’s … Read More

Twitter, Facebook And The New IPO Market

$TWTR is a week away from becoming the “hottest” IPO since its much larger cousin $FB went public in May 2012. $TWTR seems intent on not having a repeat performance of the $FB IPO debacle which was a trifecta botch job by the lead underwriter Morgan Stanley, the NASDAQ stock market and the Facebook CFO. $FB went public at a … Read More

Traders Ask: What Bloggers Should I Follow?

Hi Mike In your book you mention several times that you ask potential traders what blogs a trader reads. Sadly when I thought about this (and prior to this blog) the answer for me was none. I read heaps, seek out videos, study my trades, would love a mentor etc. but no blogs). Why? When I started trading stocks I … Read More