I don’t know what’s wrong with me the last three days but I am not trading up to par. It’s much more eye opening when the market is actually decent and others around me are making money. I’m disappointed (to say the least) by today but I didn’t do anything fundamentally wrong at first. I even made money initially. I … Read More
PEP refreshing on the open trade
PEP (Pepsico, Inc.) offered an easy momentum trade on the open. INTRADAY FUNDAMENTALS PepsiCo fell 4.3 percent to $63.87 at 9:57 a.m. in New York. The shares rose 1.6 percent last year, while Coca-Cola gained 6.4 percent. Fourth-quarter net income advanced to $1.42 billion, or 89 cents a share, from $1.37 billion, or 85 cents, a year earlier, PepsiCo said … Read More
Make this losing trade (YUM)
Yesterday in YUM I made One Good Trade which was One Losing Trading. On the open YUM settled in a battle 64.80 by 65. Young Leo called out the fight and I took notice. Also YUM was In Play showing premarket strength and gapping up. YUM broke above the opening range battle and shot up to 65.70. This was a … Read More
One Easy Trade (ANF)
After our 11AM Open review a trader approached my desk. “Bella can I ask you a question?” “Yes.” “Do you think I should add here to ANF?” (Abercrombie & Fitch Company) I looked at the chart, saw it trending cleanly above the important 41.50 technical level, spotted a target entry at 42.11 and a definable exit at 41.94, found room … Read More
When to Lighten Up your trading position
P, Pandera Media Inc (NYSE), popped from 13.70ish to 14.30ish and started to flag. When it broke above the consolidation of the flag I sought to buy a pullback. And I did at 14.43 and 14.41 with a stop of 14.24. P found higher ground and looked like it could push towards 15. But then there was a pullback that … Read More
Copy this trader (episode 2): An SMBU Blog production
Yesterday in our first series of “Copy this trader” we highlighted the best practices of an SMB Trader to copy. We are back at you with some more goodness from the desk. continuing to focus on whats working for me which is finding the sector thats showing relative strength or has fresh news and finding the sympathy plays in the … Read More
Copy this trader
A decent day for me to start the month of February. I have experimented a lot of new trading techniques today, and added more elements to my trading. For example, trading a high beta, in-play earning stock like AMZN. In fact, 1/2 of my daily P&L was generated from AMZN today. 178 was the pre-mkt level we had discussed in the … Read More
The Value Added Tweet
I have been on Twitter for for almost three years and have tweeted about 2,000 times. I have found Twitter to be an extension of my personality for the most part. I tend not to offer ideas unless they are well thought out and therefore feel comfortable sharing them with others. I am amazed at the almost stream of consciousness … Read More