Did you ever have one of these trading days?
Having spent the better part of the last fifteen years trading the markets day in and day out, have you ever had one of these days? Sometimes it’s best to just step back and have a laugh.
Read MoreHaving spent the better part of the last fifteen years trading the markets day in and day out, have you ever had one of these days? Sometimes it’s best to just step back and have a laugh.
Read MoreBy: 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...
Read MoreBy: 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...
Read MoreBy: Evan Lazarus We have had a fair amount of success using the Volatility Index (VIX) to identify multiple directional changes in the market. Although sometimes for only brief periods of time, this indicator has been fairly...
Read MoreBy: 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,...
Read MoreI 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...
Read MoreBy: 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...
Read MoreBy 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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