Taking the Trade in GE
By: Scott RedlerI sent out the following General Electric (GE) chart on Friday, as the stock was ready to break above $16.60.It’s now almost $18 and I am done with this trade:
Read MoreBy: Scott RedlerI sent out the following General Electric (GE) chart on Friday, as the stock was ready to break above $16.60.It’s now almost $18 and I am done with this trade:
Read MoreBy: Scott RedlerAfter yesterday’s shakeout move, the casinos are back on their way higher. These charts all look very much intact and excellent for long opportunities right now.Also Intel (INTC) from last week looks great!...
Read MoreBy: Pej Hamidi Agilent Pharmaceuticals (A) has been on my “long-term bottom” list for a very very long time. Seriously, I thought this thing was ready 5 years ago, after completion of the right shoulder and a break...
Read MoreBy: Scott Redler Today is one of those ever-important Fed Days. My gut tells me that the Fed finally removes the “extended period” language from their statement. That is the next logical step in the progression...
Read MoreBy: Elliot TurnerJoseph Stiglitz is one of the most important, yet somehow under-the-radar economist today. In Freefall, Stiglitz provides readers with a narrative of the events leading up to and during the financial crisis and...
Read MoreBy: Lee VecchioneThis weekend, Premier Wen Jiabao gave his annual news conference where he continued his increasingly defiant tone again the west and criticism of U.S. economic policies. In my report, I discussed the growing...
Read MoreBy: Scott RedlerAs the market maneuvers in a semi-chaotic fashion this year, our mantra has been to trade it. So, when we came in today, we pointed out the ascending channel that typically gets resolved to the downside...
Read MoreBy: Scott Redler Recently the plastic was the credit card sector, this week it’s the casinos. There is a big conference this week focusing on the fundamentals of the casino sector. Technically, all three major casino...
Read MoreBy: Evan LazarusBefore Charles Dow began writing the theory that bares his name over a century ago, the idea of speculating on the markets was considered rather foolish. Yet still, the Dow Theory is regarded as one of the...
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