Author: Scott Redler

Pretty flat day in the market, not much in the indices, but once again we have some great action in select stocks. Recent IPOs are getting some action, perhaps based on the Facebook buzz. LinkedIn (LNKD), Groupon (GRPN) and...

The market posted healthy gains Wednesday on the back of strong manufacturing data across the world. The US, China and Europe all reported strong manufacturing activity, spurring more optimism that an economic recovery could be...

The S&P gapped up and extended, hitting 1326 this morning. 1333 is the January high. Today’s rally has been lead by the banks, we’ve talked lately a lot about them. Goldman Sachs (GS) almost hit my $115-116 price...

US stock futures point to a higher open to kick off February, rebounding from yesterday’s lackluster intraday action. We have seen two gap ups sold aggressively over the last two weeks, and today traders will be watching...

The S&P 500 closed narrowly in the red Tuesday, selling off after healthy overnight gains. The market has been strong in 2012 based largely on strong US economic data, ignoring the still fragile situation in Europe. However,...

Netflix (NFLX) has had shorts on the ropes ever since Q4 earnings, surging as high as 36% in the days after the report. In highly shorted stocks like NFLX, these types of squeezes are always a possibility, even if the company...

Markets started strong in the first 10 minutes after the bell, but got hit hard the rest of the morning, filling the overnight gap. Stocks got hit with a double whammy from US economic data: poor PMI and then a lower than...

The market opened sharply lower Monday morning but trended higher all day to prevent any technical damage on the charts. The Dow finished only 7 points, or 0.05% lower for the day. The resilience of the bulls in 2012 has been...