Author: Scott Redler

By: Scott RedlerThe question is, now what? Yesterday was a very controlled down move to fill Friday’s Gap after a very strong week, very constructive action for the long side. First support held at 1090-1093. Today Futures are...

By: Brandon Rowley  Locking in some gains after 4% move off lows I sold half of my long exposure this morning to lock in some gains and give myself some ammo to buy back if and when the market sees some selling this week. Most...

By: Scott RedlerIs this dip buayble? During last week alone the market took back all of August’s losses. It was fast and one sided with a ton of participation with key stocks and sectors. Many market participants will be...

By: Scott RedlerS&P reached as high as 1105 this morning. As I stated this morning, today is not the time to “get excited” and initiate new positions into the third up day into big resistance. The first zone I put out was...

By: Scott RedlerThe downtrend break has given us very nice upside action which has now been boosted by the better than expected jobs number. Today is not the day to get excited long, we are now 60 handles higher then this week’s...

Holding on for the move Not much to say today besides yesterday gave the gap up, trend up day I was looking for and now it’s time to sit and wait. With excellent prices from the 1050 area in the SPX I feel comfortable...

By: Brandon Rowley   Sean Hendelman has been a leading voice in the high frequency trading debate notably in advocating the idea of an order cancellation tax. Today, The Wall Street Journal added Sean’s thoughts on the...

By: Scott Redler  On Monday the markets gave no follow through to Friday’s outside reversal. Then, on Tuesday the indices could not break below 1040. Wednesday we had our GAP AND GO that broke us above the most recent Descending...