As a short term trader I scan the market each day for stocks that will be “In Play”. These are stocks that have fresh catalysts which can lead either to a lot of people trying to enter or exit positions at the same time. If I can identify the best opportunities and the likelihood of a strong trend then at the end of the day my results should be pretty good.
On January 8th GWPH announced that a drug they were testing failed to meet its “primary endpoint”, which in biotech speak means the drug is no good and it is time to go back to the drawing board! When a stock has news like this it SHOULD go down. After the news was announced Read more […]
SMB Capital – Trading Education