Author: Scott Redler

Tuesday was a wacky Summer trading day, a far cry from yesterday’s quiet inside day. The indices opened higher this morning, but quickly filled the gap and fell through yesterday’s low. However, stocks were able to...

Markets knocking some teeth loose as it’s been very random and erratic. Markets opened up and failed at yesterday’s highs, then took out yesterday’s low, before reversing again and grinding higher all day. The...

Do not try to fit a round circle in a square hole. We are stuck in a bit of channel especially before Bernanke speaks today and earnings reports continue to be released. From a technical point of view, there is not a lot to get...

Do not try to fit a square peg into a round hole. We are stuck in a bit of channel especially before Bernanke speaks today and earnings reports continue to be released. From a technical point of view, there is not a lot to get...

The market fell for the 7th time in the last 8 days after the IMF lowered global economic outlook. The only outlier was Friday’s sneaky bounce. Still, the S&P fell only 0.2%, so Friday’s move still needs to be...

Key Economic Events And Earnings Releases To Watch For The Week Of Monday July 16 Monday, July 16 Retail Sales: 8.30 AM Empire State Manufacturing Survey: 8.30 AM Business Inventories: 10.00 AM Earnings Releases: C Tuesday, July...

Support#1 from the quick chart held as the morning low is now $134.90. As of now, there is some nice digestion considering Chinese markets are at three year lows and the IMF has downgraded growth. Resistance stands at $135.54...