The Sleeping Giant Stretches its Legs
By: Scott Redler Goldman Sachs had a nice move today, giving us some follow-through above our $172 buy price from earlier this week. Who says there’s no action?
Read MoreBy: Scott Redler Goldman Sachs had a nice move today, giving us some follow-through above our $172 buy price from earlier this week. Who says there’s no action?
Read MoreBy: Pej Hamidi Perhaps there is a good reason Amazon has become the “Hedgie’s” favorite stock to short against a truckload of long Apple shares. Do you remember way back in elementary school when they used to have the Apple II,...
Read MoreBy: Scott Redler I’m not sure what exactly their business model is at this point, or if they can even survive their recent reincarnation, BUT the chart tells me this one can go higher. The company came re-public in...
Read MoreBy: Scott RedlerLast week I put out a note saying to get long the shippers. While the date was April 1, this was no fools joke. Following today’s strong action we are now adding into a Tier 2 position.
Read MoreBy: Elliot TurnerBrandon and I took a day away from the trading desk in order to attend the Revenue Watch Institutes panel discussion entitled “Boom, Bust and Better Policy: Crisis Lessons for Resource Rich...
Read MoreBy: Evan Lazarus As the market continues to climb the wall of worry, traders need to pay attention to the ominous levels that lie ahead. With the 200 day moving average and the key 62% retracement just a stone’s throw...
Read MoreBy: Scott RedlerThe media wants you to think that you can’t time the market. I say you have to! Looking back on the last decade, how did an investor fare who bought the S&P in 2000 and simply held on? They’d be...
Read MoreBy: Scott Redler After many false starts MGM finally triggered the long trade that we posted two weeks ago. The two other leading casinos, WYNN AND LVS, were better trades but MGM should see some catch up here. MGM is an example...
Read MoreBy: Scott Redler AIG moves a few times a year but it also has a lot of “false moves”. But when it goes -— it’s AWESOME!!! The trick is to stay small in the false moves and be involved when the momentum kicks...
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