Trade of the Week for May 8th, 2017

Trade of the Week for May 8th, 2017

“I learned early that there is nothing new in Wall Street. There can’t be because speculation is as old as the hills. Whatever happens in the stock market today has happened before and will happen again. I’ve never forgotten that.” – Jesse Livermore   MTBC returns in...
Trade of the Week for May 1st, 2017

Trade of the Week for May 1st, 2017

“The goal of a successful trader is to make the best trades. Money is secondary.” – Alexander Elder   On May 4th, all eyes were on penny stock FNBC after seeing strong volume and a good run in the prior trading day. A few days earlier, FNBC had gapped down from around...
Trade of the Week for April 24th, 2017

Trade of the Week for April 24th, 2017

The stock MTBC or Medical Transcription Billing Corp made an impressive run this week after releasing positive news regarding new clients and the company’s effort to improve and innovate. MTBC, which jumped over 200% in the past 5 days, first showed up on our radar on...

Trade of the Week for February 9, 2017

On Thursday, February 9th, we traded X (U.S. Steel), one of our favorite stocks that we trade and monitor daily in our trading room. The first thing we noticed was the flag pattern that developed on the daily chart (see chart). X broke out of the channel which made...

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