Maybe it’s the bubbles in champagne, or the sound of the cork popping, but New Year’s always brings out a rush of emotions. The end of one year naturally lends itself to reflection on the past. As the calendar turns over, people wax lyrical about another year passing. Taking stock of the past year, people figure out where they are … Read More
Not So Fast
One of the more common patterns seen in a strong market are longer term players buying stocks that have gapped lower after earnings. Sometimes this plays out on Day 1 with momentum buyers aggressively buying the stock leading to a gap fill. But many times a gap fill will play out in the days following the earnings release once the … Read More
Webinar Recording: The Playbook–Reasons2Sell
For the February 7th installment of our Webinar series, The PlayBook with Mike Bellafiore, Mike discussed Reasons2Sell: Getting The Most Out of Your Trades.
The PlayBook Webinar Series: Do You Exit Your Winning Positions Too Early?
Please join Mike Bellafiore, author of the “trading classic” One Good Trade, on Thursday, February 7th at 4:15PM EST for the free Webinar Series, The PlayBook. Tomorrow we will discuss Reasons2Sell, a way for you to build a better exit strategy for your trading. Click here to register for this free Webinar. As always Mike will take questions and encourage … Read More
A Trading Conversation
When I began trading in 1996 the lifeblood of the trading floor was the chatter that was exchanged loudly between traders. If a trader was making money in a ticker that information was shared. If a trader found a favorable entry price that information was shared. If a large buyer or seller was identified that information was shared. I made … Read More
I Was Captain of the Mathletes
In high school I was captain of the Mathletes. Once a month we would travel to other schools and compete against their top math geeks. Many of the problems we were asked to solve appeared to be complex but often contained what were simple solutions. In math and in nature things that appear highly complex often can be reduced to … Read More
CNBC Made Me Do It!
Here is an interesting comment from a reader in response to my blog post “My Thought Process: LIFE” Steve, Thank you sir for your thoughts. I constantly look for your tweets during the day. I don’t know why I bought so many books in the past. I have learned a lot from your generosity. I turned LIFE green into red … Read More
Danger Will Robinson
One of the final lectures in The SMB Foundation is on risk. Risk as it relates to intra-day trading is not simply evaluating the order book for possible exits if a stock moves against you. It involves understanding the current market environment, the type of catalyst that is the primary driver for a stock on a given day, the price … Read More