Author: Scott Redler

By: Zev SpiroBasic materials names were hit hard yesterday with many closing below their 50-day simple moving averages. Weakness was especially visible in Oil and Gas related names. Below is a short idea in Transocean Ltd....

Alcoa Inc. (AA) “Short pre market 17.08, covered 17.02 – holding a partial” Slips 3% in Pre-Market – Downgraded to Underperform from Market Perform at BMO Capital Level 3 Communications, Inc. (LVLT)...

US stock futures are pointing lower Tuesday as the market has lost momentum on its climb back toward highs. The S&P is currently set to open below the gap from March 30 and into support at its 50-day moving average around...

Commodities have been a major story in 2011 and silver has outperformed all commodities this year except cotton entering this week. For many investors, silver has been the precious metal of choice to hedge against inflation –...

After Friday’s break below the ascending channel, the market remained weak Monday as the S&P shed 0.3%. A downside break of an uptrend can often lead to lower prices before the next leg higher, so traders will likely...

Last week we had the privilege of welcoming a true legend of technical analysis, Ralph Acampora, into our office for an interview. During the interview, Ralph and I cover what is new, and what is old, in the world of technical...

The multi-day sell-off in early March, resulting from the massive earthquake and nuclear fallout in Japan, gave investors a chance to really breakdown the markets from a relative strength standpoint. Finding stocks or markets...

The market has been quiet Monday after opening slightly higher as the tug of war between the bulls and bears continues. Volume has been light with no economic data or news coming through today, but that could change with the...

“It is anticipation of growth rather than growth itself that makes for lively speculation and big profits in the so-called growth stocks. Once a trend was established, either up or down, it continued to move in that direction,...

I mainly target gold when trading precious metals, but silver has obviously grabbed the limelight by outperforming over the past few years. This morning gold is pulling off but silver has once again rallied to all-time highs....