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Author: Scott Redler

VMW on the Brink of a Breakout

VMW has been highlighted by Scott this week in his daily “Morning Call” segment. The recent tight consolidation in the stock offers excellent opportunity for a breakout above the $55 price level. Keep this one on...

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Dow 11,000/S&P 1,200?

By: Scott RedlerYesterday, the important 1,175-1,177 support held. This was the area to keep in tact the market’s aggressive uptrend. The market absorbed the open and then some of our leaders continued the rotation which...

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Nike (NKE) Ready to Breakout?

By: Brandon Rowley Is Nike (NKE) ready to breakout? After a strong earnings report on March 17th, shares of NKE have been in a high-level consolidation for a full three weeks. NKE is basing at all-time highs absorbing the...

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Distribution Day…

By: Scott Redler…be careful what you wish for.Everyone wanted to see volume. Well, yesterday’s increase in volume led to a distribution day for all the indices. 1,177 held yesterday, which was somewhat important, but...

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Sorry it Took So Long–AIG Edition

By: Scott Redler I sent this chart out on April 5th and finally it’s getting going! We were all over this for a cash-flow trade. It’s now $38.40 and bucking the market trend today. Sometimes you need to listen to the...

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