By: Scott RedlerThe market has proven to me that dips can still be bought at the right time. The potent move off of the recent low tells me that this market can make new highs this year! Let’s hope this is the start of a...
Read MoreBy: Evan Lazarus What had been one of the market’s leaders during the run-up from the March lows now looks weaker than the broader market. In today’s Trade for Thought, I took a look at a longer-term chart of Apple...
Read MoreBy: Pej HamidiGlobal Macro Practitioner’s PerspectiveA BRIEF Monday PlaybookThe NASDAQ and Dow are at 2/3 retracements of their pullback from mid-January. What happens here is crucial. Is there follow-through? Or will...
Read MoreBy: Scott RedlerI am now short a little bit of Cree (CREE) against today’s highs. The stock has been one of my favorite longs of late, but it is VERY extended and setup well for a short. I think we can see $63.50-$64.50 at...
Read MoreBy: Scott Redler…Goldman Sachs (GS) should see $160 SOOOOON!!!We keep making a lot of “Fast Money” trades in Goldman Sachs, both long and short. Right now the stock is coiled and seems ready to get back to...
Read MoreBy: Elliot TurnerDuring the market bounce underway since the February 5th capitulatory move, the Russell 2000 has led the market higher. Since its double-top in October and September, small caps have lagged the broader markets....
Read MoreBy: Scott Redler…as long as its in play.We have caught the technical trading move in AIG for the past year. HERE WE GO AGAIN! AIG broke its downtrend on February 10th–we traded it through $25. Now it held higher and...
Read MoreBy: Scott RedlerWhen the S&P 500 was trading at around 1,050ish, we were looking for 1,085-1,095 as a target and now we’re at 1,110. It’s amazing how this market is like an elevator. We are 70 handles off the...
Read MoreBy: Sean Hendelman and Brandon RowleyThe mechanics of the equity markets are under constant evolution with the consistent goals over time of increasing speed of execution and advancing price discovery. Participants in the stock...
Read MoreBy: Scott RedlerLet’s see if this economy will perform without the Stimulus. Last night’s somewhat surprise discount rate increase will throw some in a tail spin–and, it will give us “new headlines to...
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