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Author: Scott Redler

Markets Rest After Steep Two-Day Climb

The market took a break Friday, and who can blame it after a strong two-day push triggered by relief over Europe. European officials were finally able to hammer out an agreement to combat the escalating sovereign debt crisis,...

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MF Global Looking to Sell Itself

(AGNC) American Capital Agency and Invesco Stronger Bottom Lines Could Lead to Larger Dividends From Oct 28 at 08:16 (MF) Global Looking to sell all or part of itself, NY Times reports WSJ/The Source: MF Global’s Septimana...

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Stocks Soar After European Debt Deal

By: Scott Redler Global markets are charging higher Thursday after European leaders agreed to a wide ranging deal to lessen Greece’s debt burden, recapitalize troubled Euro banks, and increase the firepower of the EFSF....

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Upper Range Intact

Impressive action. S&P’s tested the old resistance of 1220-1227 early this morning and held very well. (1221 was the low on the session) I was hoping to see the 1210-1212 area get tested, which is the 25% Fibonacci...

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Chart Logicz Play of the Day: UA

UA- Coming out of a large symmetrical triangle yesterday on a pick up in volume was enough to add to our Chart Logicz stock pick for todays action. Our buy trigger was above 77.00 for a move back up to 52 week highs near 83.00....

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