All posts by Scott Redler

Scott Redler’s Dog Bytes: Losing Special Status

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SPX futures are -20 to kick off the week. Last Tuesday, the market shifted again and I took risk down. We had a bearish engulfing candle around the SPX 4583 pivot with tech leading the downside. Now we’ll see if the 4450 area holds, or if there is more weakness. Banks earnings start with JPM on Wednesday. […]

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Scott Redler Discusses the Elon Musk-Twitter Explosion

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Was it IMPOSSIBLE to catch Twitter’s (TWTR) share price explosion, driven by Elon Musk taking a 9.2% stake in the company and then joining the board? No! Scott Redler just joined Liz Claman on Fox Business, revealing why he bought Twitter call options last week — BEFORE we heard the Elon Musk news: Watch the latest video […]

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Scott Redler’s Dog Bytes: Thank You, Elon!

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SPX futures are +4. Friday gave us the 4507 pivot to trade against after hitting a high of 4637. We’ve had a nice active sequence since SPX reclaimed the 8/21 day around 4335 on 3/15. We’ll see if we can rebuild some new patterns to stay constructive as we head towards earnings season.TWTR is up […]

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Scott Redler’s Dog Bytes: Market Moves in Banks and ETFs

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Last Friday, the SPX hit 4546. Moves like that are why we focus on price and patterns instead of opinions. SPX futures are flattish and we’ll see if we can hold above 4455-4500 to keep this active sequence intact to continue towards 4600.Small caps are trying to keep this active sequence intact. If IWM can hold $203.75, it […]

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Scott Redler’s Dog Bytes: Big Week for FAANG

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SPX futures are flattish. A little digestive action above 4400-4420 would be impressive and constructive. If it gets and stays above 4465, there’s really no resistance up to 4600 so take care if you’re extra hedged.TSLA had an awesome week. I bought some Tuesday below $800 and traders added above the $842 downtrend line. I sold […]

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Scott Redler’s Dog Bytes: Managing Big Metal Moves

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SPX futures are +17 after closing on the lows Friday as the misdirection continues. We have the Fed Wednesday. We’re trying to figure out if SPX 4111-4222 holds and if oil put in its highs of the year. SPX pivot resistance is 4250, then 4299. The longer we stay below that, the more control the […]

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Scott Redler’s Dog Bytes: Metals and Semi Strategies

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SPX futures are -37. The 4220 area is big support. If 4279 is reclaimed, maybe it relieves some pressure. We’ve lifted off the lows a bit as headline about negotiations come in.AMD still doesn’t act special because it’s just a tactical trade here and there depending on the day. See how it handles $106.80 today if […]

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Scott Redler’s Dog Bytes: Crypto Capitulation

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SPX futures are -60 handles after a big 6.5% move from Thursday’s lows. Friday gave nice follow-through to that. Now we’ll see if the 4287 area holds to give some commitment. We have the Fed later this week and a jobs report that will be turned in after the Belarus meeting.Bitcoin: some accumulated into that […]

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Scott Redler’s Dog Bytes: Tactical Trading in Tech

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SPX futures were down big but are off the lows on news that Russia-Ukraine could have a diplomatic outcome. Last week they sold the CPI report. On Friday, there were ways to adjust as 4515 was rejected and 4484 was broken. For two weeks I’ve discussed the possible head & shoulders. Now we’ll see if we hold […]

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Scott Redler Talks Moving Averages and More on Seeking Alpha

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In this video, Scott Redler joins Daniel Snyder of SeekingAlpha for a special interview:Scott goes over:How he views the 8, 21, 50, and 200 day moving averagesWhy Scott predicted 2022 would be trickyWhy the market is so challengedWhat a healthy market looks likeThe signal Meta (FB) and Alphabet (GOOGL) is sendingWhy Scott is watching Apple […]

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