Watch SMB Trade of the Week, an After Hours Trend with Confirmation Pattern in QCOM from Mike Bellafiore.
SMB Trade of the Week: Agnico-Eagle Mines
Watch SMB Trade of the Week, a Breakout Trade in AEM from Mike Bellafiore.
SMB Trade of the Week: InterMune
Watch SMB Trade of the Week, a Second Day Play in ITMN from Mike Bellafiore.
SMB Trade of the Week: Baidu – May 15, 2010
Watch SMB Trade of the Week, a technical Reversal Play in BIDU from Mike Bellafiore.
SMB Trade of the Week: Visa
Watch SMB Trade of the Week, a Resistance Trade in V from Mike Bellafiore.
You Don’t See That Every Day: 6 Minutes of Insanity
At around 2:30PM the SPYs were trading down to 113.60 from 117. It seemed like it was a good place to start looking for a bounce. I was keying in on the 113.10 level from March 5th as a potential dream price to get long. I got stopped out below 113 a few minutes later. At 2:42 I decided to … Read More
The Market as a Handful of Stocks
The last couple of days I have been baffled by the market being defined by a handful of stocks. If you’re not in them you have no shot in heck of making any money. Honestly, these days I tend to have about 20–30 positions both on the short and long, market stocks, little stocks, and just about a piece on … Read More
The Importance Of Not Relinquishing Gains
This morning I came in long a small overnight position in QCOM. Chop Spencer! But based on several factors I was looking for another sizable up leg. I bought additional shares right on the Open when a seller at 42.50 was lifted. QCOM quickly traded up another point. I took my profits when the buying pattern changed in the 43.70s. … Read More