All posts by Scott Redler

Why Apple $144 Is Key Right Now

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We have mostly red arrows around the world to start the week as China protests dominate the narrative. Markets are starting to feel the reality of slower growth. Things might start to turn towards things being too recessionary in the year ahead. Traders want to know if SPX 4033 was the high of this active sequence or […]

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How a Head & Shoulders Top Works

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In this video, Scott Redler shares how he spotted a big head & shoulders top for the S&P 500 in 2022. Link mentioned in video: Scott’s mailing list Scott shares: How the 4 big active sequences played out on the weekly SPX chart Why the head & shoulders pattern can be trickier in real life […]

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Would I Buy Disney?

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We have mostly red arrows around the world to start this holiday-shortened week. Remember the market is closed Thursday and shuts at 1 pm Friday. Europe is lower with the DAX -0.6%, CAC -0.2%, and FTSE -0.1%. Asia is lower. The Hang Seng is -1.8% but it’s had a huge move off the lows. The Fed’s Bostic said “we may be done within […]

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The Inverse Head & Shoulders on the Road to SPX 4,000

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On October 17, Morgan Stanley equity strategist Mike Wilson said inflation peaked, and that the S&P 500 (SPX) could rally to 4,000. If you remember that time, the mood was super bearish. So the market was taken off-guard by Wilson’s bullishness. Now when someone smart comes out bullish, I don’t just buy – I go […]

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5 Big Tech Names to Watch

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SPY had a big gap and go on Thursday, giving some $385 to be long against. It cleared $390.39 to see $399.35 on Friday. We’ll see if it can digest above $393.61 to build a new flag to keep this active sequence going. The 20 day is above with a gap that might get filled up […]

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4 Stocks I’m Eyeing This Week

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We have mostly red arrows around the world after a big four-week rally. Asia still doesn’t act well after China’s NBS PMI’s fell short. Hong Kong’s Q3 GDP report was soft. Developments in Russia/Ukraine are also weighing as Moscow withdrew from the grain agreement. SPX futures are -24. We hit 3905 Friday. I’d think a […]

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4 Tech Stocks on the Earnings Radar

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We have mixed markets around the world to start the week. In Asia, the Hang Seng was down 6%ish after Xi secured his third term. In Europe, the former Chancellor Sunak is the favorite after Boris pulled out. SPX futures were above 3800 last night and below 3725 early this morning. They are now firmer. We’ll see if […]

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5 New Names I’m Watching This Week

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We have mostly green arrows around the world on optimism of another UK U-turn. Bullard’s remarks late Friday are also helping. It seems like the market pushed the Fed Funds rate to almost 5% too fast. Earnings season is starting and so far the banks were treated decently. SPX futures are +40. This is a tough […]

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The Power of Monthly Charts in Technical Analysis

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In my technical analysis and moving averages lessons, I typically show daily charts. But sometimes it pays to pull back and look at longer time frames, like the monthly. This is especially true in a bear market, when daily charts can be full of noise without a clear trend. Let’s dissect the bust in Meta […]

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Moving Averages for Stocks Explained: The Ultimate Guide to Trend Analysis for 2023

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Moving averages are one of the most important tools in my trading toolkit. They help me figure out:How aggressive I want to beMy mix of day and swing tradesWhich stocks and sectors I want to be long or shortJust how strong the current market trend isWhat news matters, and what doesn’tI rate moving averages above […]

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