By: Elliot TurnerIn early 2010, the Eurozone monetary union faces its single biggest challenge to date. In theory, the euro is supposed to create a unified economy in Europe through which people, goods and money flow with ease...
Read MoreBy: Scott RedlerCree (CREE) was a slightly different pattern from Research in Motion (RIMM), but it too worked out very well. Check out what happened to Cree when the wedge broke to the upside. Here is the “before”...
Read MoreBy: Scott RedlerResearch in Motion (RIMM) has been AWESOME! This chart is a lesson in Technical Analysis by itself.Buy #1: was the RedDog Reversal on January 26th at $61.17. That was an outside day where the stock pushed through...
Read MoreBy: Scott RedlerThe market went from oversold to overbought in just five sessions. SO if you use a little common sense, you will sell some longs after a 50-60 handle move off of the 1,044 low and maybe even look to test some...
Read MoreBy: Pej HamidiWe are still in Long/Short nirvana, with a stock picker’s market. Things are getting a bit tricky with volatility rising, but a little volatility is good right about here. The patient trader will be rewarded...
Read MoreBy: Elliot Turner Dr. Brett recently wrote an excellent post about the role of intuition in trading. He had the following to say: …two different brain systems are at work in learning; one is an explicit system based on...
Read MoreBy: Scott RedlerThe market penetrated through the 1,085-1,095 area and is now opening up near 1,100. We went from 1,044-1,100 just like that! I will try some shorts in this area, for a trade, that I started around $110.25 on the...
Read MoreBy: Scott RedlerLast night I went on CNBC Asia in order to talk about trading strategies through the choppiness that we have seen in markets early on in 2010. Here is that segment, as well as my preparatory notes and...
Read MoreBy: Scott RedlerThe market broke its uptrend back on January 21 by breaking through 1,130 on the S&P. Since then it has made a series of 30-40 handle moves, with each one containing a “lower high” on the...
Read MoreBy: Scott RedlerThanks to all those who tuned in to catch my Fast Money debut on Thursday evening. I appreciate all the shout-outs in the blog comments and in the T3Live chat room. Here’s a clip from my Fast Money Halftime...
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