Author: Scott Redler

Tech has been a sector leader amidst modest gains across the market today. In particular, industry leaders Oracle (ORCL) and Hewlett-Packard (HPQ) have been strong, despite their involvement in a major breach-of-contract lawsuit...

Starbucks (SBUX) yesterday announced plans to purchase Bay Bread, LLC and its La Boulange bakery brand for $100 million in cash. The coffee shop hopes the purchase will help increase food sales in their retail stores, which...

Market got its first push to the upside in a while. The banks really fueled the bounce after finally catching a bid. The 10:00 ISM services reading also helped. In my morning note we mentioned that JP Morgan (JPM) might be a...

Yesterday we saw short, selective rallies for some of my key stocks, but didn’t get the buyable gap down we were looking for. Stocks are taking turns bouncing from oversold conditions, but the charts need time to digest...

Stocks right now are balancing between fears of a global slowdown and hopes for further stimulus from world Central Banks. The market staged an afternoon bounce Monday to take the Nasdaq and S&P into positive territory, up...

Chesapeake Energy Corporation (CHK) has been one of the biggest winners on Wall St. today. Stock in the Oklahoma City based natural-gas giant is up more than 6% so far today after agreeing to replace four of their nine...

Markets opened up a touch and then got rejected around the 200day. SPY high of the first 30 minutes was $128.74 (the 200day is $128.67). Indices went negative and the low of the first 30 minutes now stands at $127.55. Use that...

This weekend CNBC’s Patti Domm contacted me to give my Technical Take on the market after Friday’s big sell-off, and published my commentary on her Market Insider blog last night. http://www.cnbc.com/id/47669228...

The headlines this weekend were all about synchronized global slowdowns, deflation and decelerating U.S data. Technically, we have had several signs over the past two months to foreshadow a technical breakdown, and now we are at...