Category Archives for Scott Redler
Scott Redler: What SPX, QQQ, & Apple Can Tell Us About the Market
This afternoon, Scott Redler appeared on TD Ameritrade’s ‘The Watch List,’ hosted by Nicole Petallides: In this video, Scott breaks down: -Why Scott is focused on technical analysis instead of opinions-The SPX’ wedge pattern, which signals indecision-The reason Scott likes the ‘tight pattern’ in the SPX-Why the bulls need to get above 2830-What it takes to get […]
Continue Reading -->Scott Redler: How NIO Became the Chosen One
In my 2019 Market Outlook Report, I named electric car maker Nio (NIO) — a.k.a. the Tesla (TSLA) of China — one of my top plays for 2019. When it comes to making trading calls, it’s easy to have 20/20 hindsight, so let’s go back to what I said word for word on page 39 of […]
Continue Reading -->Scott Redler’s Apple Pie: When Low Expectations Get Surpassed
One of the big market stories earlier in the year was Apple’s (AAPL) big guide down on January 2. That led to a big mystery – whether expectations were low enough ahead of the January 29 earnings print. I took calls into the report because I thought the stock could clear $159 if it was just in-line. […]
Continue Reading -->Scott Redler: Anatomy of the Great Post-Christmas Rally
The big rally off the 12/26/2018 low at 2346 wasn’t easy to predict. But, understanding some basic trading concepts could have helped you catch some of the move. And they help you understand why I held multiple longs through this period (with some short hedges here and there for protection). Or at least, traders could have stood aside […]
Continue Reading -->Scott Redler: Reality Bites Apple, and What Could Happen Next
Yesterday after the close, Apple (APPL) gave a sales warning to give traders a big scare on the second day of trading in the New Year. The headlines are what you might expect:But how much of a surprise is this really? Dozens of analysts have been cutting numbers, suppliers have been warning of weak demand, and of […]
Continue Reading -->Scott Redler: Multiple Scenario Analysis Ahead of the Mid-Terms
We’re ahead of the biggest political event since the 2018 Presidential election. It seems like a Democrat House and Republican Senate would be equities friendly. And as long as we hold the SPX 2700 area, I’ll be positioned for it to clear 2756 for a move back towards 2816-2840. But if that rally happens, don’t rush to buy […]
Continue Reading -->Scott Redler: Using Multiple Scenarios to Find a Path Forward
We came in facing some ugly headlines this morning:At times like this, I try to avoid marrying an opinion. I let the price action guide me, because price is how we get paid. I came in today focused on SPX 2710 (the October low prior to today), telling CNBC’s Patty Domm “it could be bullish if it […]
Continue Reading -->Scott Redler: Amazon’s Second Trip to $2000+
On August 30, we connected the dots on AMZN’s first trip to $2,000+. The stock made a trip down to $1,865 on Monday before a second trip above $2,000 today. Let’s look at it chart by chart. On Monday, AMZN reclaimed the 50 day fast and put in a Red Dog Reversal signal. I got long around $1904ish. On […]
Continue Reading -->Scott Redler: Tracking Big Tech Red Dog Reversals
Let’s take a fresh look at the action in tech. Yesterday, the QQQ’s got hit early but held the 50 day with a low at $181.30. It rallied and went green to outperform yesterday, which was good to see. As long as the 50 day holds, it is hard to get too bearish here. Let’s drill down to […]
Continue Reading -->Scott Redler: 10 Trading Rules I’ll Teach My Son
The son becomes the father, and the father the son. -Jor-El, father of Superman Last year, I had back surgery to correct a sequestered spinal disc. That pretty much meant the end of my competitive racing career. But as one Redler falls… another rises. I’m winding down. And my son Chace is winding up. On […]
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