Morning Call Express: Fear Trumps Greed
In today’s Morning Call Express, Kurt Capra talks about the selloff yesterday and what may have been behind it. He also looks at the financials for clues as well as where GLD may be headed before truly reversing. Kurt also points out some of the retailers that may have additional downside today and points out an interesting pattern in AMZN.
Continue Reading -->Daily Recap: The Last Mile is the Hardest
In today’s Daily Recap, Scott Redler and special guest Lulu take a look at the action today which may have caught some by surprise. He also talks about how he navigated today in light of coming into today mostly long.
Continue Reading -->Chart Attack: SPX, FAS, AMZN and ACIA
Once again, quiet markets as we have 3 days left in 2016. This is a nice upper flag type pattern that usually leads to positive resolution. You can be long vs. 2256 or 2248 and, if you are quick, perhaps add above 2273 for a move to all-time highs at 2277. We’ll see if there is enough juice this week, or does it need new January 2017 flows to ignite it. Either way, a nice tight pattern to trade verse. Banks have been the best sector with multiple set ups along the way. Some are alread in the FAS vs. $41. If you think we get DOW 20,000 this can probably be a grab when it clears $42.25 for a move to clear highs of $42.83. Use Goldman Sachs (GS) as an indicator. AMZN has been consolidating since missing last quarters earnings. This pattern is tight. With the best selling holiday product and a huge online retail season electronically, I think this wedge resolves upwards. I am long and looking to add with a high volume move above $774.70 for a quick move towards $780 then to fill the gap up to $820. ACIA, last years high flyer, was cut in half. Two sell signals helped us get out of the way. Now, it’s tight and could see a January effect type move. It will need a high volume move above $68.30 to help trigger a day 1. I am long small and looking to add if it triggers and holds. The first target is $72 which is the 50 day.
Continue Reading -->Morning Call Express: Dow Keeps Inching Up Towards 20,000
In today’s Morning Call Express, Scott Redler gets us ready for the trading day. He looks at the SPX, drawing the key levels to be focused on and does the same for the financials. He also looks at oil and some high beta tech names.
Continue Reading -->Daily Recap: Still Waiting for Dow 20,000
In today’s Daily Recap, Scott Redler talks about the action in the markets on the first day back from the Holiday break and before the New Years break. He looks at some key sectors, names, and new issues.
Continue Reading -->Morning Call Express: 2017 Count Down
In today’s Morning Call Express, Scott Redler talks about some of the recent action in Europe and reviews where we are in the SPX. Scott also looks at how the financials and high beta tech are looking as we head into the end of the year.
Continue Reading -->Morning Call Express: Santa Drifting
In today’s Morning Call Express, Scott Redler gets us ready for today’s action by reviewing the Indices as well as some sectors. He also looks at some high beta tech names and new issues.
Continue Reading -->Morning Call Express: Salute the Flag
In today’s Morning Call Express, T3’s Scott Redler breaks down the morning market action.
Continue Reading -->Morning Call Express: Looking For Santa Claus
In today’s Morning Call Express, Scott Redler talks about the potential of a Santa Claus Rally and whether or not we will get DOW 20,000 before the New Year. Scott reviews the key levels and looks at some sectors for clues.
Continue Reading -->Jeff Cooper’s Morning Call Express: Respect Your Stops
In today’s Morning Call Express, T3 Live’s Jeff Cooper breaks down the action in SPX and talks about the important of stops. Click here to learn more about Jeff Cooper’s Daily Market Report.
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