ANF November 14th 2012 GMCR November 28th 2012 Steven Spencer is the co-founder of SMB Capital and SMB University and has traded professionally for 16 years. His email is [email protected]. No relevant positions
Over Trading
STEVE- Good evening! I have been enjoying my trial membership to the “Stocks in Play” feature of SMB, and I am considering signing up for the In play/Radar/Chat side of things. I have thoroughly enjoyed the morning meeting’s, and have really appreciated the information put out there. I came to know of SMB largely by reading “One Good Trade”, and … Read More
Trading A VERY Large Gap–Trade Review $ANF
Steve Spencer reviews how to approach trading a very large gap in ANF. Steven Spencer is the co-founder of SMB Capital and SMB University and has traded professionally for 16 years. His email is [email protected]. No relevant positions
Spencer Trade Review–$GILD $DHI
Steve Spencer reviews trading opportunities in GILD and DHI from November 12th 2012. Steven Spencer is the co-founder of SMB Capital and SMB University and has traded professionally for 16 years. His email is [email protected]. No relevant positions
ESRX Crescendo
Sorry for the delay on this post. A few had asked about the message I shared on StockTwits Tuesday morning regarding ESRX putting in a bottom. Tuesday morning ESRX was on the top of our list of In Play stocks. Was gapping down and set up for a nice short right on the Open. Our “best case” scenario for downside … Read More
Electronic Trading
In the past 20 years US equity markets have evolved dramatically. The two major US markets the NYSE and NASDAQ have moved forward at different paces but pretty much have converged at this point with how they interact with traders. Trades can be executed on either exchange within a blink of an eye by computers and humans alike. For an … Read More
The Apple Story
There have been very competent traders discussing signs of weakness in AAPL since it failed at 680ish. And since then there have been several excellent swing shorts AND swing longs. The price action has loosened up as the debate continues on where it should be priced coming into its earnings release this week and after its disappointing Iphone 5 release. … Read More
Trading Lesson #1 (Again): Buying A Strong Stock At Prior Day’s Afternoon Support
About a year ago I wrote Trading Lesson #1 offering a safe way to buy stocks that had shown strength the prior trading day. Let’s take a look at the price action from DECK today, which was discussed in a separate post yesterday on information flow. DECK showed huge relative strength yesterday to the market taking out two important resistance areas from … Read More