by Trent Smalley, CMT | Sep 27, 2017 | Uncategorized
…. Now he’s hooked on the QUACK. Anyway, someone I trade with spotted this beautiful chart yesterday I thought I would share with you. The company is Lannet, $LCI and the chart is beautiful. They make and manufacture prescription drugs which in America we...
by Trent Smalley, CMT | Sep 25, 2017 | Uncategorized
While scanning through some charts premarket this morning I spotted the following: $XRT Retail ETF looks to have broken above its downtrend. A little further investigation looking at a weekly RRG shows that the group is making its way deeper into the Improving...
by Trent Smalley, CMT | Sep 22, 2017 | Uncategorized
Any one that has been a part of investing or trading for any length of time, knows that there is no “Holy Grail.” However, before you call my title click bait, hear me out. I think the Holy Grail of trading, if there ever was such a thing, has to be unique...
by Trent Smalley, CMT | Sep 19, 2017 | Uncategorized
I’ve had a lot of mentors over the years, few as patient and as available as you were. Early on, you took the time to help a new guy get his feet wet, build his confidence. You went from mentor to colleague to friend in our time together. We enjoyed happy hours...
by Trent Smalley, CMT | Sep 19, 2017 | Uncategorized
I ran across an article in Business Insider this morning which I feel is incredibly important. The great Laszlo Birinyi put forth the following argument for the continuation of the bull market: “In an interview with Business Insider, Birinyi laid out his...
by Trent Smalley, CMT | Sep 18, 2017 | Uncategorized
With normal option expiry this past Friday, I booked gains in several of my positions and had some cash to put to work this morning. Some of the setups I found attractive this morning and took positions in are as follows: I took weekly calls in $CMG and general...
