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Author: Scott Redler

We Believe in This Rally!

By: Scott RedlerAt every turn, this rally has had doubters. Nobody believes in its validity, and after each leg higher a new round of pundits has come in to warn about a massive correction or impending double bottom. While the...

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Flying V

By: Scott RedlerI LOVE Visa (V) at this level. Last time I listed Visa it went from 88 to 93ish, and now it looks ready for a move through 100+. Above 94 it should get going again.I think the data tomorrow will be good news, and...

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Impressive Reports from JPM and INTC

By: Scott RedlerIntel (INTC) and JP Morgan (JPM) both came out with very impressive earnings reports since the close yesterday, and are boosting the market higher this morning. Short term support held in the indices yesterday...

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The “Haves” and the “Have-Nots”

By: Scott Redler As earnings season gets into gear, this tape will become that much more sector, stock and strategy specific, both to the long and short side. The Dow quietly closed over 11,000 and S&P barely touched 1,200,...

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Time to Cash Out on LVS

I went all in on LVS over the last few weeks and hit the jackpot, and have been unwinding the position. I’ve taken the ride from 19 to about 24, and now its time to cash out of the casino. I guess the house doesn’t always...

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Luck of the IRE

By: Scott Redler With the problems in the Euro Zone regarding Greece, the European banks have taken a hit. The announcement over the weekend that an aid package has been agreed upon for Greece should boost these bank stocks. The...

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RedDog Monday Morning Rundown

By Scott RedlerAt this point the market is sitting at new highs of the year, I hope all of you have taken advantage of this action. If you read my daily letter, I assume you are not fighting the tape! The rotation continues to...

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