This morning during the SMB AM Meeting, Steve made a long call on PLUG. He said a strong move above $6.30 would be a great long entry with upside to $8.00. You can get great trading calls from Steve by joining our daily AM Meeting. Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education … Read More
SMB AM Meeting Recap: NUS
In this short video, Steve discusses a stock from this morning’s AM Meeting. Every morning he reviews the market and analyzes the stocks that are in play and likely to have second-day moves. Steve discusses the potential trading setups in NUS. Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, and options. … Read More
Trade Commentary: Is Ciena in the Early Stages of a Bigger Move?
In this short clip from Friday’s AM Meeting I discuss why I’m looking to build a long position in CIEN. Being on the lookout for stocks that have enormous longer term upside are what helped me focus fairly early on FSLR, GMCR, NFLX in late 2012 and CREE in 2013. Steven Spencer is the co-founder of SMB Capital and SMB … Read More
The PlayBook Checkup: Scalping a Range Before the Drop (Video on Demand)
Below is our newest installment of the 2014 edition of The PlayBook Checkup with Bella, author of One Good Trade and The PlayBook. During these sessions a trade archived by a Junior Trader from our desk will be reviewed by Bella. Attendance is free for SMBU Tools subscribers, who can also ask questions during the event. See this review with Video on Demand: Scalping a … Read More
Trades of the Month from the Prop Desk Webinar
I will be speaking about “Trades of the Month from the Prop Desk” today at 4:30 pm ET. I will be discussing the following topics: The Trading Patterns working in 2014 What key market levels we are watching on the prop desk Trading Patterns broken down in a template that you can co-opt for your trading … Read More
Trading AAPL Tomorrow?
If you would like to learn how to think like a professional trader pick up a copy of The Playbook today! Top 10 in Amazon Finance and from the author of One Good Trade the #1 Trading book in 2010. Here is my thought process going into tomorrow’s trading for AAPL: AAPL initial reaction was positive due to a combination of lowered … Read More
Forex Trading: When Should You Go Against The Trend?
What makes prices in a financial market system fluctuate the way they do is traders entering and exiting the market for an infinite number of reasons. Some may be getting stopped out while others may be adding to a position. We can never know for sure the reasons why they may be acting a particular way at a specific period … Read More
AM Meeting March 14th – $SRPT, $VMW, $LNKD, $BBRY, $NFLX, $GMCR, $MLNX
*No Relevant Positions