Use the GPS

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When I trade a stock “off the beaten path” (see my previous blog post), I always have an understanding of where the stock is in its trade along with the broad market. I’m always watching SPY levels and how the SPY trades. This allows me to make a better assessment of the relative strength or lack of in my stock. … Read More

Off the Beaten Path

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If you are trading a stock “Off the Beaten Path”, without the overriding order flow what in the tape is important? With these types of plays there are opportunities to be found everyday. These plays though require a tape reading skill that has some differences from the skills employed in trading the fresh news, overriding order flow, type plays. One of the main … Read More