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Author: Scott Redler

“Sweep the Leg Johnny”…

By: Scott Redler…Get em a body bag yaaaaaaaaaaaah!That’s probably how you feel this morning if you took home some of the strong tech and commodity names from yesterday’s move. The question is, can the market...

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Buffett Joins Club S&P

By: Elliot TurnerAbout two weeks ago, Berkshire Hathaway (BRK.B) completed a 50-for-1 stock split of their “B” shares which placed BRK.B front-and-center on many traders platforms. On its first day, post-split, the...

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What to Make of the Lack of Volume:

By: Elliot TurnerSo today the market finally followed-through on last Friday’s reversal day. We had gapped up the other day, but had been unable to put together any lasting intraday strength. Today many commodity stocks...

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Fast Money Tonight at 5:00

By: Scott RedlerTonight, I will be stepping up from the Fast Money Halftime show to the big leagues–check me out on Fast Money at 5:00 p.m. Eastern time. I was scheduled to do this once before, but an Obama speech (are...

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The Range is Getting Tight!

By: Scott RedlerTraders are trying to figure out if 9% off the highs is “enough” for this correction. Right now, the jury is out, as the market is developing a “wedge-type” pattern. This is typically a...

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Is the Bounce Real?

By: Elliot TurnerThe stock market has now put together a string of two consecutive doji closes on the dailiy while grinding oh so slowly higher. It is our job as traders to assess whether this is merely a bounce, or the start of...

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Something Smells Fishy

By: Scott RedlerYesterday’s rally felt like the day the Fed bailed out Freddie Mac (FRE) and Fannie Mae (FNM)–we gapped up, yet the rally lacked power and leadership–then a few session later, the market fell...

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Battlebots on Wall Street Tomorrow?

By: Elliot TurnerWith a big snow storm set to hit New York tomorrow, it seems as though all the human traders standing on Wall Street will stay home. That means one thing: computers will only have each other to fight with in...

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