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Scott Redler’s Chart Attack: SPY, BABA, GDX

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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 […]

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The Morning Hammer: More of the Same Yawns…

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Crude oil is dipping below $46 on the American Petroleum Institute’s inventory report, which said US crude stocks rose 942K barrels last week. Remember, we get EIA data today at 10:30 a.m. ET. Traders are looking for a 1300K build. It should be interesting. Two weeks ago, we saw a massive beat, but last week was […]

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Scott Redler’s Daily Recap Video: Act First and Ask Questions Later

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In today’s Daily Recap video, T3 Live Chief Strategic Officer Scott Redler discusses the action in SPX and GLD, as well as individual stocks like FB, GOOGL, and BABA.

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T3’s Take 3: The Big Hawk Is Still Flying!

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1) The Hawk Trade Rages on Today, Fed Vice Chairman Stanley Fischer said he believes that productivity growth will rebound, keeping traders confident that the Fed will raise rates again this year. This helped boost the popular long dollar/short gold trade. The dollar rose by 1.1% against the yen and 0.4% against the euro, while gold fell […]

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The Apple Bounce, and 4 Other Things I’m Watching

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1) Apple Bounces Apple (AAPL) is down but well off its morning low, which was driven by the EU tax ruling. The final verdict is unknown, but even in the worst case scenario, Apple may not feel a thing from a financial standpoint. The real significance, however, is seen in other tech names who have Ireland […]

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Gold Could Be in Real Trouble

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The Junior Gold Miners ETF (GDXJ) was rejected from 45.50ish several times on Monday. $45.50 ties to 90 degrees in price down from the $52.50 recovery high. The 3 Day Chart is down and GDXJ is trading below its 50 and 20 dma’s. So it is vulnerable unless it gets upside traction quickly. An authoritative […]

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The Morning Hammer: Apple Slammed on Tax Ruling

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Don’t Fear Forex…  Attend Kurt forex’ free webinar today after the close and learn why so many stock and options traders are embracing the lucrative world of forex. ******* Shares of Apple (AAPL) are getting slammed this morning after the European Commission found that Ireland gave the iPhone maker an illegal “selective tax treatment. Apple has been […]

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Scott Redler’s Morning Call Express: Potential Taxing Ramifications

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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.

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Daily Recap: Jackson Hole Aftermath

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In today’s daily recap, Scott Redler talks about the aftermath of the Jackson Hole meetings and Janet Yellen comments. He looks at the recent market action as well as the strength in Facebook (FB), weakness in Netflix (NFLX), and many other names.

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T3’s Take 3: Banks Lead the Way

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1) Banks Rock Following FOMC Chair Janet Yellen’s hawkish-leaning speech in Jackson Hole on Friday, traders are increasingly certain that the Fed will raise interest rates this year. That sent up bank stocks, which benefit from higher rates, up big today. The S&P Financials ETF (XLF) rose 0.9% to $24.32, led by solid gains in […]

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