Author: Scott Redler

US stock futures, along with commodities, are pointing to a lower open Thursday after Wednesday’s harsh sell-off. When something stinks in the kitchen, usually there’s some rotten fruit in a drawer, or a dead cat lost in...

Yesterday we looked at how retracement levels can be used for trade ideas and to find levels of support and resistance during extreme price movements. Today we take a look at a technical tool meant for an intermediate time...

The market erased gains from the two-day bounce to start the week, before bouncing slightly into the close. Despite indices tracking higher Monday and Tuesday, there were signs that the market was still not healthy after...

What to buy is the key for investors, when to buy is the key for traders. Combining both is the key to profitably using The Magnet Stock Selection Process. For over 20 years I have been developing and harnessing magnet. I use...

The market accelerated to the downside late Wednesday morning, restesting the 21-day moving average that held last week. The S&P is down 1.3% as it appears the quiet two-day surge to start this week was nothing more than an...

Molycorp, Inc. (MCP) Had a big miss and seemed to guide lower. Off last nights lows in the pre market at 8:30 only down $2 from $3 earlier. Zagg Inc (ZAGG) target raised to $14.50 from $12.50 at Northland Securities –...

Despite the sneaky two-day bounce we have seen to start the week, the market still feels like it is in correction mode. While the indices are holding up relatively well, I am seeing the risk off trade taking place increasingly....

With another up open today, we are now about 10 handles away from the old highs of 1370 in the S&P, but it doesn’t feel like it. IBD still has the market in a correction, and many traders aren’t very bullish after the...

The action over the last week has been fast and furious especially in commodities, regardless of whether you are trading iShares Silver Trust (SLV) or the actual silver futures, which sold off 33% from highs and has now rallied...

The market built on yesterday’s bounce, breaking above the pivot high from Friday as the dollar pulled off for the second day in a row. Last week a combination of factors had investors souring on the market. Troubling...