Scott Redler’s Dog Bytes: Watching the BIG ETFs
SPX futures are +15, giving some upside-through to Friday when we cleared 4664. I want to trim into some strength so I can buy dips and keep managing the Portfolio Approach that has been great since 10/13.Now let’s dig into some of the big ETF’s I’m watching: QQQ woke up again Friday as it cleared the $392 […]
Continue Reading -->Tesla: Traders Are DEADLOCKED!
Last week, traders were squared up against Tesla (TSLA).This week, we’re deadlocked.Normally, we begin the weekly T3 Sentiment Report with the SPX, but our Tesla data has been so interesting that we’re leading with it again. Tesla Sentiment COLLAPSES! Sentiment on Tesla improved quite a bit week-over-week. So instead of outright bearish, traders are now split […]
Continue Reading -->Options In Play – The GOLD Rush
A hot CPI number this week was a big positive for GLD, but whether or not there is more room to run depends on the next couple of weeks.
Continue Reading -->Options In Play – Home On The Range
Ranges hold until they don’t, so we try to respect them on QQQ and SPY. With indices pulling back, it is important to make sure you are focusing on quality levels for longs.
Continue Reading -->Doozy On Deck?
On Friday, the SPX gapped up and pulled back to Phil D Gap. On Monday, the index spiked to an opening high and spent the rest of the session in a Slim Jim — flat-lining. My interpretation is Friday was an A wave down, with Monday’s opening spike a B wave. Given the overnight action as I […]
Continue Reading -->Trading Tesla: 7 Lessons from an Epic Bear Smash
Every once in a while, a stock comes along that defines the times. In 2019-2020, that stock was electric carmaker Tesla (TSLA). Tesla’s stock price went from under $40 to nearly $200 in 8 months, and dominated the news headlines along the way. Tesla was getting more attention than just any stock out there, aside from […]
Continue Reading -->Options In Play – The Impact Of Earnings
Earnings reports are typically huge catalysts for stocks. But for some, earnings are not the major driver of action and are not worth playing.
Continue Reading -->Options In Play – Day Trading News
Breaking intra-headlines can create nice opportunities for short-term options trades. I love to play headlines, and I follow a process for buying/selling.
Continue Reading -->Scott Redler’s Dog Bytes: Did Cannabis Stocks Bottom?
SPX hit a high of 4718 on Friday. It’s a bit extended and might need a few days to catch its breath. Listen up for whether Powell gets the nod because that can move the market a bit. I’d think the market would like Powell instead of Brainard. We’ll see if 4681 holds, or if they shake […]
Continue Reading -->Options In Play – Earnings On The Radar Week Of 11/12/21
We are through the heart of earnings season but there are still big names left on the calendar. Expect another busy week for Tech, with a few recent momentum stocks due to report.
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