{"id":76703,"date":"2025-01-13T09:29:42","date_gmt":"2025-01-13T14:29:42","guid":{"rendered":"https:\/\/blog.t3live.com\/?p=76703"},"modified":"2025-01-13T09:38:52","modified_gmt":"2025-01-13T14:38:52","slug":"scott-redler-blood-on-the-street","status":"publish","type":"post","link":"https:\/\/blog.t3live.com\/2025\/01\/13\/scott-redler-blood-on-the-street\/","title":{"rendered":"Blood on the Street?"},"content":{"rendered":"

Brought to You By\u00a0Scott Redler's Power Plays \u2013 Get My #1 Idea \u00a0Week.<\/a><\/b><\/p>\n

We have mostly red arrows around the world as the correction continues.\u00a0Nvidia's<\/strong>\u00a0(NVDA) CES bounce was sold, and then the\u00a0SPX<\/strong>\u00a0lost the 8\/21 day around 5960ish.<\/p>\n

Futures are -50 as we see if we make an active low in the first hour or if we see a trend down day. Higher rates are turning into a big headwind for equities, which is why I've been urging you to watch\u00a0TLT.<\/strong><\/p>\n

On Friday morning, Power Plays closed out all our longs, so we avoided the carnage this morning.\u00a0You can sign up here to know when the next idea goes out<\/strong><\/a>.<\/p>\n

On Friday, the oscillator was -40ish, so this morning we are very oversold and it's not the time to press shorts. Many are asking me about the BOS account. The SPX 5650ish area would be 7%+ off highs and a spot where I might put the first tier to work. We'll see.<\/p>\n

These first two names are a big focus for me today:<\/p>\n

TSLA<\/strong>: the Red Dog Reversal sell around $484 feels like years ago. We then had a lower high at $465, and then the bounce into the $426 area was rejected. Selling puts the last two weeks worked a bit. I am still short $360 puts. On Friday, it showed a little relative strength and I'm looking for a signal to buy.<\/p>\n

META<\/strong>\u00a0is tricky but could benefit from a TikTok ban, which looks like it will happen. Watch it today. Friday's low is $597. It's way above that. When this market finds a bottom, this might be best in breed so it should be on the radar.<\/p>\n

AMZN<\/strong>\u00a0lost potential special status when it broke the $224 area. Now it's only a tactical trade until the market finds its footing. $216.50 is Friday's low. I'll look for an opportunity this morning. The 50-day is right under.<\/p>\n

AAPL<\/strong>\u00a0broke $257ish to get most active longs more tactical as it was super extended into late December. It broke the 8-day to confirm our tactical approach prior. I tried it into the 50-day Friday and lost money when it hit the $233 area. I'll see if it holds above that today.<\/p>\n

\"\"<\/a><\/p>\n

Featured: Join Scott Redler's Plays for $99<\/strong><\/h3>\n

Get Scott's #1 idea each week.<\/p>\n

That's 52 weeks for just $99. (not a typo)<\/p>\n

Be on the list for the next idea:<\/p>\n

See why now's the right time to join.<\/a><\/strong><\/p>\n

Your Tip for This Week: Focus on Execution First, Money Second<\/strong><\/p>\n

If you get good at anything, the money\u2019s going to come eventually.<\/p>\n

So focus on developing your skills and properly executing the strategies you learn.<\/p>\n

That\u2019s what\u2019s going to keep you in the game for the long run.<\/p>\n

Fast money leaves just as fast as it arrived.<\/p>\n

You want to develop a set of trading strategies that can give you consistent profits, no matter what\u2019s happening in the market.<\/p>\n

Once your brain gets big, your wallet follows.<\/p>\n

This Week's Calendar<\/strong><\/p>\n

We have a busy week ahead with PPI, CPI, plus some key earnings reports from the big banks.<\/p>\n

\"\"<\/p>\n

*Scott Redler Positions Disclosure as of 2025-01-13 at 8.08.10\u202fAM\"\"<\/em><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Brought to You By\u00a0Scott Redler’s Power Plays \u2013 Get My #1 Idea \u00a0Week. We have mostly red arrows around the world as the correction continues.\u00a0Nvidia’s\u00a0(NVDA) CES bounce was sold, and then the\u00a0SPX\u00a0lost the 8\/21 day around 5960ish. Futures are -50 as we see if we make an active low in the first hour or if we see a trend down day. Higher rates are turning into a big headwind for equities, which is why I’ve been urging you to watch\u00a0TLT. On Friday morning, Power Plays closed out all our longs, so we avoided the carnage this morning.\u00a0You can sign up here to know when the next idea goes out. On Friday, the oscillator was -40ish, so this morning we are very oversold and it’s not the time to press shorts. Many are asking me about the BOS account. The SPX 5650ish area would be 7%+ off highs and a spot where I might put the first tier to work. We’ll see. These first two names are a big focus for me today: TSLA: the Red Dog Reversal sell around $484 feels like years ago. We then had a lower high at $465, and then the bounce into the $426 area was rejected. Selling puts the last two weeks worked a bit. I am still short $360 puts. On Friday, it showed a little relative strength and I’m looking for a signal to buy. META\u00a0is tricky but could benefit from a TikTok ban, which looks like it will happen. Watch it today. Friday’s low is $597. It’s way above that. When this market finds a bottom, this might be best in breed so it should be on the radar. AMZN\u00a0lost potential special status when it broke the $224 area. Now it’s only a tactical trade until the market finds its footing. $216.50 is Friday’s low. I’ll look for an opportunity this morning. The 50-day is right under. AAPL\u00a0broke $257ish to get most active longs more tactical as it was super extended into late December. It broke the 8-day to confirm our tactical approach prior. I tried it into the 50-day Friday and lost money when it hit the $233 area. I’ll see if it holds above that today. Featured: Join Scott Redler’s Plays for $99 Get Scott’s #1 idea each week. That’s 52 weeks for just $99. (not a typo) Be on the list for the next idea: See why now’s the right time to join. Your Tip for This Week: Focus on Execution First, Money Second If you get good at anything, the money\u2019s going to come eventually. So focus on developing your skills and properly executing the strategies you learn. That\u2019s what\u2019s going to keep you in the game for the long run. Fast money leaves just as fast as it arrived. You want to develop a set of trading strategies that can give you consistent profits, no matter what\u2019s happening in the market. Once your brain gets big, your wallet follows. This Week’s Calendar We have a busy week ahead with PPI, CPI, plus some key earnings reports from the big banks. *Scott Redler Positions Disclosure as of 2025-01-13 at 8.08.10\u202fAM  <\/p>\n","protected":false},"author":4,"featured_media":75075,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[736],"tags":[],"class_list":["post-76703","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-scott-redler-dog-bytes"],"_links":{"self":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/76703","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/comments?post=76703"}],"version-history":[{"count":1,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/76703\/revisions"}],"predecessor-version":[{"id":76706,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/posts\/76703\/revisions\/76706"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media\/75075"}],"wp:attachment":[{"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/media?parent=76703"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/categories?post=76703"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.t3live.com\/wp-json\/wp\/v2\/tags?post=76703"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}