Author: Scott Redler

By: Zev Spiro Williams Sonoma Inc. (WSM) began forming a bearish ascending wedge pattern at the end of July 2010. The pattern was triggered by a gap-down below the lower boundary line on November 18th, with added confirmation...

Dig deeper and everything’s not rosy for the market short-term.The market took a break over the weekend as futures point to a flat open this morning. Despite the market once again bouncing off support and remaining in the...

Pardon me, but there were some mixed signals being sent by the market this week. The Dow is at two-year highs, but I don’t think the indices are telling the complete story right now. There is a lot of technical damage to charts...

Q: Hey Guys, I am a prop trader and an avid reader of your blog. (Keep up the good work!) My firm is currently in the process of switching platforms from Anvil to Lightspeed’s software – which I think is what you...

By: Zev Spiro In yesterday’s comments I mentioned that tops develop over time and distribution patterns will form on the charts. The following trade idea for Domtar Corp. (UFS) is based on a previous break of an uptrend with a...

Futures point to a higher open on Wall St Friday after strong earnings reports from Google, Inc. (GOOG) and General Electric Company (GE). Google matched Apple’s strong report in the race for tech supremacy, and also...

The rally has been extremely resilient since the now-infamous Jackson Hole summit, with the only decent pull-back (~5%) coming in mid-November. Since then, each time the market has touched support at the lower trendline, it has...

During the session yesterday cloud computing stocks were weak, but the real damage came after hours following the F5 Networks, Inc. (FFIV) earnings report. The company narrowly missed revenue estimates and revised down Q2...

How I trade pre and post market is a question I’ve been asked many times in my career. The biggest thing I would say is this: preparation is important during all types of trading, but infinitely more crucial if you are going to...

US stock futures are pointing to a lower open Thursday after yesterday’s potent sell-off, which was the biggest decline in more than two months. The financials, agricultural and technology stocks all weighed on the indices...