Author: Scott Redler

US markets made another push higher again Thursday as they try to rally at the end of a weak month of May, all despite more weak data points with higher than expected jobless claims and a downward GDP revision. The stuttering...

The market remains weak, mired in a tight lower range after Monday’s big gap down. Since the surprisingly good non-farm payrolls number at the beginning of the month, all economic data points have been bearish, and that...

This morning Goldman head market strategist just cut his S&P 500 outlook from 1,500 to 1,450. iShares Silver Trust ETF (SLV) Spot Silver overnight trended – rallied  at a high around 38.85 around 1:30 before...

US stock futures point to a slightly higher open Thursday, building on yesterday’s negative to positive reversal. The S&Ps are still grasping to hold this lower level, with the 100day providing support as we continue...

US markets had a constructive day Wednesday after opening below Monday’s lows, churning higher in quiet action for most of the day before some volume and volatility surfaced at the end of the day. At 3pm ET heavy buying...

The S&P opened below the lows from the last two days, but has rallied back above and looks poised for an oversold bounce. The indices are oversold at these levels, and the market has been unable to follow through to the...

Yesterday, Yandex NV (YNDX) another big Internet IPO hit the Street. The inevitable hype surrounded it, with underwriters coining it the “Google of Russia”. While not as hot initially as the LinkedIn Corp. (LNKD)...

iShares Silver Trust ETF (SLV) Started breaking out overnight after Europe opened at the 5am hour. Spot trading above $37. After the Bell American International Group, Inc. (AIG) Offering To Price At $29/Share- Broken in the pre...

IPO action is preventing traders from pulling their hair out S&P futures overnight hit as low as 1303, but has pared some of those overnight losses this morning as we are now set for only a marginally lower open. Despite...

The market opened slightly higher Tuesday, but sold off for most of the session as the bearish composure continues in the market in May. The S&P was able to bounce near yesterday’s low, but then faded again into the...