Author: Scott Redler

By: Brandon RowleyGoldman Sachs’ first quarter earnings for 2010 feature some absolutely out-of-this-world results. The company did not have a single losing day in their trading division in Q1 2010. Out of the...

By: Scott RedlerS&P held yesterday’s gap of 1147-1150. Some tech leaders broke through yesterday’s highs (AAPL, VMW, NFLX, BIDU), but that doesn’t mean they will definitely hold. Plus, other tech stocks are also...

By: Scott RedlerDTA= Don’t Trust Anyone! Just follow the price action and your own set of rules. Prudent traders sell excitement and buy panic! The last few trading days have proven the validity of this mantra. Traders follow...

By: Scott Redler Tiering in and out of Gold has been working great. By taking trades along the way, it gives you the opportunity to “handle” down moves like today. I am only in Tier 2 right now, but I think Gold held up great...

By: Scott RedlerIf you sold the majority of your macro longs when the uptrend broke at 1178-1182 you were not at risk when the market had its “Wild Ride”. If you covered your shorts Friday going into the weekend after a 10% move...

By: Macro-Trader I posted last weekend that probability was skewed in favor of a market sell-off with 1150 in the SPX as my target for short positions. Thursday afternoon I covered my short positions as we touched off near 1150...

By: Brandon Rowley If we didn’t realize it before, now we do: computerized markets are FAST! Add together an overbought market ripe for a pull-in with contagion fears in Europe and a tape 70% dominated by algorithms and...