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Author: Scott Redler

Goldman Can’t Handle the Truth

By: Scott RedlerFrom what I watched yesterday of the Goldman Sachs-Senate hearing, the leaders at the big bank have done everything in their power to avoid the truth. Their fluff was not taken lightly. I think Senators did a...

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A Time to Be Flexible

By: Scott RedlerWe saw some selling in the indices yesterday, but the tape felt a lot weaker. Today we are opening down a bit. Some important support is 1200-1206, then a very big level around 1194-1196. Uptrends are all still...

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The Barron’s Indicator

This post is not about charts, but rather about magazine covers that tell a story of market sentiment. One of the magazine covers that always catches my attention is Barron’s which is released every Saturday of the week....

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Don’t Fall Asleep at the Wheel

By: Scott RedlerThis rally has been impressive, and the sector rotation has been awesome for traders. Breakouts are finally working! Bad news is being absorbed! With all that said, don’t fall asleep at the wheel. My major...

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CNQ Building Energy for Breakout

By: Scott RedlerCNQ is a Canadian energy stock that looks ready to break to new highs along with the rest of the energy sector. Last time we listed this stock was through 75ish, and it had a nice breakout move to the 80 dollar...

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SNDK Ripe for RedDog Reversal

By: Scott RedlerSNDK and many other tech stocks have had a monster run of late, which immediately gets us thinking about a possible RedDog reversal, especially as we approach resistance in the S&P.I am looking for a...

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AIG Trade: As It Happens

By: Scott RedlerAIG has been all over our radar in recent weeks, as it has looked ready to explode at any moment. We recommended it at two separate times–April 5th through 34 and April 21st through 42. This stock is a...

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