Each day our firm broadcasts an AM meeting to cover the best opportunities that we see in the market. This meeting occurs in the minutes prior to the opening bell. What you don’t see in this meeting are the countless hours of preparation from earlier that morning and the night before. The traders at our firm work tirelessly each day … Read More
Trade Review: $DDD
This trade review video of DDD discusses a “momentum reversal” short trade Steve made on May 14. To watch the video please sign up below: If you would like Steve Spencer’s Trade Review videos to arrive directly to your inbox as they become available, please subscribe HERE. Steven Spencer is the co-founder of SMB Capital and SMB University and … Read More
The key to my day today: stock selection
The key to my day today: stock selection. It was pretty clear this morning that the action was going to be in the financials that had announced secondary stock offerings. JPM, STI, AXP, and MS all sold stock to the general public so they could pay back the TARP money and get the gov out of their hair. In our … Read More