All posts by Scott Redler
Scott Redler’s Chart Attack: SPY, BABA, GDX
SPY has been choppy but the range is intact. Support is $217.35, then $216.25. Resistance is $218.67, then $219.60ish. Take things slow and don’t overtrade. BABA has digested a nice targeted earnings move for a few weeks. Holding $95.45 would help it get above $96.68 on the way to $99+. GDX already broke the 8/21 day and didn’t respect the 50 that was already lost. Use $25.66 as your pivot. This can see $23-24 on a strong jobs report. Positions disclosure: Scott Redler is long BABA, BABA calls
Continue Reading -->Scott Redler’s Morning Call Express: Potential Taxing Ramifications
In today’s Morning Call Express, T3 Live Chief Strategic Officer Scott Redler discusses the action in SPX, and takes a deep dive in AAPL following its negative EU tax ruling.
Continue Reading -->Scott Redler’s Chart Attack: SPY, BABA
SPX futures are up 1 point as we lost some momentum last week. SPY gave us a new point of reference at $216.25. A close below there opens the door to $215ish. $218.20ish is resistance. A pop and close above there relieves some pressure. We got bullish on BABA into earnings, playing the stock and buying calls. The earnings gap held $93, which we can trade against. For it to get momentum back, it needs to get and close above $95.50, then $99. P.S. Don’t be afraid of forex… Click here to get a FREE introduction to this exciting market… Positions Disclosure: Scott Redler is long BABA, short SPY
Continue Reading -->Scott Redler’s Morning Call Express: Keep Trading
In today’s Morning Call Express, T3’s Scott Redler breaks down the action in SPX and USO, as well as individual names like FB and BABA. Don’t be afraid of forex… Click here to get a FREE introduction to this exciting market…
Continue Reading -->Morning Call Express: A Day to Take Notice
In today’s Morning Call Express, T3 Live Chief Strategic Officer Scott Redler discusses the action in SPX and IBB, as well as gold. P.S. My buddy Rob Smith is hosting a free trading webinar after the close today. Click here to check it out.
Continue Reading -->Scott Redler’s Chart Attack: SPY & GDX
Get a Quant Edge in Today’s Markets Tomorrow after the close, Rob Smith is hosting a FREE webinar on his unique Quant Edge Trading Strategy. Read all about it SPX futures are up 1-2 handles in a very choppy lethargic trend to the upside. I would expect more of the same until Friday. We’ll see if we can break above $219.60ish, if all those warnings about a market correction since MAY come to light: Stay tuned. GDX has been the place to be in 2016 with lots of buyable pivots and trends. Recently, it lost momentum when it broke $30.40. A break and close below the 50 day could trigger selling in this crowded trade. P.S. Don’t forget to sign up for Rob Smith’s FREE webinar.
Continue Reading -->Scott Redler’s Morning Call Express Video
In today’s Morning Call Express video, T3 Live Chief Strategic Officer Scott Redler discusses the action in SPX and GDX, as well as individual names like TSLA and ACIA.
Continue Reading -->Scott Redler’s Morning Call Express Video: Base Building
In today’s Morning Call Express, T3 Live’s Chief Strategic Officer breaks down the action in EWG and SPX, as well as C,BAC, and AAPL.
Continue Reading -->Scott Redler’s Chart Attack: AAPL, FB
Yesterday’s tactical plan for Apple (AAPL) to buy/test near the 8day was a good road map. Now we’ll see if $108.30ish holds and builds an upper floor to digest a nice post earnings move from $102.75 to $110.23. Some of my spreads expire this Friday. September will sit. Facebook (FB) has been digesting/lethargic since they sold the earnings report at highs. Yesterday could be a start as I nibbled at the 21 day which has been support. In order for it to get better, it needs to take out and close above $124.40 but the real area is $126. Positions Disclosure: Scott J. Redler is long AAPL call spreads, FB P.S. Want to get an edge in today’s algo/HFT-driven markets? Click here to learn about Rob Smith’s FREE Quant Edge Webinar
Continue Reading -->Morning Call Express: Scattered Opportunities
In today’s Morning Call Express, Scott Redler talks about the SPX and how it has held the 21day. He also looks at various sectors like the IBB and XLE. He also looks at a couple individual names.
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