Author: Scott Redler

Looking at the SPY, we have seen a pattern of ebbs and flows while the S&P continues to make a series of higher highs and higher lows. You have to be very careful about initiating new longs at the top end of the range where...

Another quiet days as indices held around yesterday’s lows. Low of the day on the SPY is $138.25, and high of the day is $138.85. High end retail getting hit as Coach (COH) has been crushed. High end has not been the place...

Futures are up a bit after yesterday’s quiet action. The markets did a good job digesting last week’s powerful gains as the Fed starts its two day meeting. Statements will be released on Wednesday at 2:15. On...

Markets slumped to a small loss Monday, unable to build on the big bounce we saw Thursday and Friday, but consolidated those gains well. The Nasdaq lost 0.4%, but the Dow and S&P posted only marginal losses. Trading volume...

You might want to call this reversal Monday for some of the high beta names because while they started up a few dollars during the open, they are now either down or flat. This type of environment is perfect for my momentum...

Chipotle (CMG) has been crushed since a less than stellar earnings report this quarter, but may be in for an oversold bounce off the lows since pulling in over 35% off 52-week highs. Although Chipotle actually beat earnings per...

Markets pushed through Friday’s high of $139.07 and did not get much traction. The high of the morning was $139.33. Lots of stocks had some follow through but are very extended from Wednesday’s close, so look to see...

Since some subscribers have been confused about how to download our daily Pricepoint Sheet, below is the step-by-step on how to access this Morning Game Plan in the easiest way! From the homepage, log in to your account. Click...

If you blinked, you missed a major move higher last week. It wasn’t a technical setup or technical move, but we were oversold and had a bit of a bounce. Now I’m starting to see some new leadership. A few of the same...