Author: Scott Redler

Amazon.com, Inc. (AMZN) – spent all of last week consolidating beneath its key moving averages which forecast another move lower. We can anticipate a move down to prior minor support at 175 and than potentially to major...

Lululemon Athletica Inc. (LULU) –   2 Notes – one positive one negative. Nomura Upgrades it and is giving it a price target 4 points below current price – Barron’s says its overbought. Shares look...

The market got slammed again Friday, with the Dow down 170 points to make this the 6th consecutive losing week. Traders wondering if yesterday was the oversold bounce got their answer emphatically, and a feeble bounce it was....

Luluemon Athletica Inc.(LULU) Lululemon athletica raises outlook – Decent raise – Also announced a split the other day – Also crossing the 50 & 21 ema at the same time. Molycorp (MCP) Early bird got the...

Bounced after Jeffries came out defending The market got that oversold bounce traders have been looking for, but stocks once again sold off hard into the close, as has been fairly customary recently. Several sectors led the...

Sell-offs create opportunity. Whether you are a trader or an investor, when fear breaks out you can make money going the other way. Many of the stocks I look at- or the indexes for that matter- all came to the “bottom of...

In a volatile market like this one, I like to take a step back and be extremely selective. Traders looking to buy the dip early have endured some tense moments, and I wanted no part of that trade. However, that doesn’t...