Author: Scott Redler

By: Scott Redler   Yesterday the Nasdaq followed through to the upside and this morning IBD, which I read every day, labeled this market back in a confirmed rally. Last time this happened was March 1st around 1120 and the...

By: Scott Redler  Yesterday we saw multiple round trips with a close on the day’s lows. There were lots of good morning longs with the gap down that turned into a better shorts as market showed weakness. The only traders having...

By: Scott Redler  If you aren’t careful maneuvering this market, it is very easy to get into an accident.The S&P’s had a 60 handle move off the lows from 1040 to 1103ish. On Friday we said this is NOT a day to get...

By: Scott Redler   Yesterday Monsanto had their earnings. The stock has seen a steep decline but closed off the lows yesterday with huge capitulation volume after gapping down big. I’m looking long. I will buy vs. yesterday’s...

By: Scott Redler   Finally the market let you make some money if you bought stocks “higher”. It took some time but finally the S&P broke through the 1087-1090 area and now we are at the 200-day around 1103. After a 60...

By: Scott Redler  If there is one stock I watch literally all the time, it’s AAPL. AAPL is consistently one of the strongest stocks in the market, and if you have the time and money to accumulate shares it is most always a...

By: Scott RedlerBack in January I outlined a bearish head and shoulders pattern in GS with a target of 135. That original target has been met. Goldman is now trapped in a downtrend and is trying to break out of it.I would look...

By: Scott RedlerSo far buying into the emotional down moves are the only way to make money long.Last Friday was a great trade on that big gap down. Then the same held true Tuesday into Wednesday.At this point we have not been...