I wrote last week that the last week in August is historically uneventful. I went on StockTwits TV and said the same thing. I wrote in my blog “Vacation….Chop!” that you ought to take a break. I suggested that the last week in August or the first week in September are generally excellent weeks to vacation. I have some new … Read More
Optimal Trading Day
This Sunday on StockTwits TV at 8:30 PM I will be discussing an Optimal Trading Day. I will discuss how some define an Optimal Trading Day, how not to define one, and offer a suggestion as to how to define an Optimal Trading Day. What I mean by Optimal Trading Day is what is a great day for you. What … Read More
Reading the Tape with Gman: How to Read the Tape
Gman, head trader at SMB Capital, wrote an excellent article for Wall Street Cheat Sheet about Reading the Tape. Gman discusses how learning this important skill helps traders determine the buying and selling pressure in a stock and also helps traders know when to load up in a position.
SMB in TheStreet.com – AIG Shares Soar on Speculation
Mike Bellafiore, partner at SMB Capital, was cited yesterday in an article on TheStreet.com about the latest developments at AIG. You can read the full article here. Don’t forget to follow us on Twitter!
From Gman’s Mailbag
A couple of days ago I received this inquiry via email from DH, one of our blog readers. It is a very interesting question so I thought I would share with all of you. Below is DH’s email: “I read the SMB blog and watch the videos every chance I get and I really enjoy them. Thanks for sharing! “I’m a … Read More
Vacation….Chop!
Today after the Close we talked about vacation. When to take it. What to get out of it. And why it is important. Let’s discuss. You cannot trade everyday. You will burn out. Your trading will suffer. You will make less for the year if you do not take time to recharge as opposed to trading everyday. Danny … Read More
Playing the Range
I have been a regular contributor to CNBC’s Fast Money since April. While I enjoy doing the show and sharing my nuggets of wisdom, the format does not really allow me to fully explain my trading setups and thought process. Often, I only get a few seconds to explain a trade, that, if I was sitting down with someone one … Read More
Play of the Day- FAS
When I traded back in the day there were no leveraged ETF’s. I wish there were. They offer the intraday trader opportunity. Whether ETF’s offer too much risk to the market is not for me to decide. What I know is that there is money to be made as an intraday trader mastering them. Let me offer one simple example … Read More