Author: Scott Redler

The market has bounced slightly off the lows after early weakness, but overall it has not been a noteworthy day for the indices. The SPDR S&P 500 ETF (SPY) held that $129.50 low from April 18th. Investors are so far just...

Fundamental analysts love to bash Netflix, Inc. (NFLX), and traders love to short it, but despite all the naysayers, both company and stock performance have been a big success story over the past year. Most recently talk from...

Pharmasset, Inc. (VRUS) – after a 2 month base we are looking for another upside breakout through $110. VRUS has been one of the better performing stocks especially over the last 6 months and while it has appeared to run...

US stock futures point once again to a lower open on Wall St, as the extreme weakness we saw at the end of last week look set to continue. Overaggressive traders continue to be taught a lesson in summer trading, where you...

Today, US futures look to open positive after weak US economic data and a Moody’s downgrade of Greek debt, putting it on par with Cuba, force overseas markets lower with Asian, European and emerging markets all down in...

Tonight’s Notable News Events: Equity Lifestyles Properties (ELS) PM Trading is contra , very strong close – has a deal pricing tonight – trending in this market down 280 points Vera Bradley (VRA) Beats on eps...

US markets have gotten hit hard today, just one day after a sharp jump that had bulls feeling like they had regained some control of this market. IBD put the market back into a confirmed uptrend this morning, and it appears they...

Today I am looking at two long set-ups I see on the charts this morning, DISH Network Corp. (DISH) and Electronic Arts Inc. (ERTS). Both stocks broke out yesterday above resistance. Look for entry on any short term weakness. I...

US stock futures are flat Wednesday morning after a big day for bulls yesterday to finish off a weak month of May. Yesterday marked a break out of the May descending channel, and was definitive enough for IBD to put us back in a...

The market initially faded Monday’s gap up open, but found a bottom around 12:30 and accelerated into the bell to close on the highs. The resulting candlestick is markedly bullish, but do not discount the fact that this is...