Steve will be broadcasting every Monday, Wednesday and Friday at 11:15 am EDT and you will have the opportunity to chat with him through our new Stocktwits chat feature. Don’t miss it! In today’s show Steve Breaks down the big picture via the SPY (0-2) Talks earnings stocks IBM CREE Discusses why he traded FTNT long (6-7) Discusses 2nd Day … Read More
Live From The Trading Floor – 10.15.12
Steve will be broadcasting every Monday, Wednesday and Friday at 11:15 am EDT and you will have the opportunity to chat with him through our new Stocktwits chat feature. Don’t miss it! In todays show Steve Discusses AAPL’s recent price action and whether it is bottoming (1-4) Discusses LLY as a follow through trade (4-6) Discusses C as an earnings … Read More
Our Forex Trades
Look over the shoulder of trader Andres Salazar, as he walks us through trades taken live on SMB’s Forex desk. In this new video, Andres displays his charts and thoughts behind these trades, which all come back to the basics that SMB teaches. Waiting for the pattern, looking at correlations, then watching the volume to finally justify our entry. Andres … Read More
Create Your Forex Watch List And More With Raghee Horner
On Wednesday 10/3 at 4:30PM ET Raghee Horner, Chief Currency Analyst at IBFX and 15 year veteran will be sharing how she finds currency pairs worth watching for the trading day. This is what she refers to as her Forex Watch List. In addition, Ms. Horner is going to show us what tools she uses to confirm trends. This is … Read More
Conviction Makes a Good Trader Great
A few days ago the head trader of our equities desk, GMan, had an exceptional day. Jokingly I sent him a message that read, “Now I know what ‘G’ stands for in Gman: Grande”. I’m writing about him here for two reasons. First, a significant part of his returns came from a position in the EUR/USD pair which he took … Read More
Free Webinar Recording – Trading Follow Through Trades with Steve Spencer
The theme for Steve Spencer’s 2012 Webinar Series will be “Do the Right Thing”. On the third webinar of the year, Steve discussed how to enter follow through trades in the days following a powerful earnings move. He discussed GMCR, FSLR, FOSL, KORS and LNKD. Trading Follow Through Trades with Steve Spencer from smbcapital
Spencer Trade Review—$JCP $MNST $FIO
Steve Spencer reviews trading opportunities in JCP, MSNT and FIO from August 11th 2012 Steve Spencer * No Relevant Positions
One Netflix Trade
NFLX has been in play since the huge move on Thursday. I looked to trade it on the short side on Friday as it was overextended and had a powerful Opening Drive to the downside. It ended trading off about four points from its high but failed to close below 81 which had been a key support level on Thursday. … Read More