One half of life is luck; the other half is discipline – and that’s the important half, for without discipline you wouldn’t knowwhat to do with your luck.-Carl Zuckmayer Welcome to the first edition of Red Dog Rules, an all-new trading and technical analysis video series by Scott Redler, Chief Strategic Officer of T3 Live. You’re going to learn how Scott attacks the market through real-world case studies and tutorials so you can take your trading to the next level. To Scott, trading is a marathon. It’s not a sprint. That’s why he takes a practical, rules-based approach to the market. Markets change, stocks change, and sectors change. But one thing remains the same — the importance of staying disciplined and grounded.In fact, the most successful traders focus on reducing risk above else. Why? Because one major mistake can knock you out of the game for good. In this edition, Scott gives you an in-depth look at one of the hottest stocks in the market, social media giant Facebook (FB): Watch this video and learn:Why the biggest risk you can take in the market is NOT participatingThe dangers of being lured in by the bears’ negative stories, like the claim that Facebook was set to lose 80% of its users by 2017The technical analysis signals that told Scott Facebook was ready to rockScott’s 3 favorite moving averages rulesHow the cup & handle pattern worksP.S. Don’t forget to sign up for Scott’s video on his favorite trading strategy — the Red Dog Reversal — below!
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In today’s Morning Call Express, Scott Redler talks about the all-time highs the market is at and what you should now be looking to do, depending on your timeframe. Scott also looks at the Biotech ETF (IBB) as well as Facebook (FB) and Amazon (AMZN). Don’t forget to enjoy your Family, friends, fitness and football!
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In today’s Daily Recap, Scott Redler talks about the market at all-time highs as we start this holiday shortened week. He spotlights some of the key events that have taken place this year and where things may be headed in the days ahead. Scott also looks at various sectors as well as high beta tech names.
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In today’s Morning Call Express, Scott Redler paints a portrait of the landscape out there as the markets are taking a little breather this morning. He provides the levels that he is looking at for support and what would need to happen to begin changing trends. Scott also looks at high beta tech which was able to close green yesterday and the strong move up in oil.
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In today’s Morning Call Express, Scott Redler puts all this sideways action into perspective by looking at the longer term SPX chart. He then takes a look into the recent daily action, which has been choppy, to say the least. Scott notes that it is likely to stay this way until after the election. He also looks at some recent earnings names as well as FB which will report tomorrow.
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In today’s Morning Call Express, Scott Redler talks about some of the constructive action we have seen recently. He also looks as the wedge formation that continues to build on the SPX. He also talks about the QQQ flirting with all-time highs. Scott also discusses several names including NFLX, MSFT, GOOGL, FB, AAPL (ahead of earnings) and others.
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In today’s Morning Call Express, Scott Redler updates the key levels of support and resistance on the SPX. He also talks about some earnings names that have reported as well as other names that are looking constructive.
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In today’s Morning Call Express, Scott Redler covers the current range in the market, ahead of earnings season, and the levels to be looking at for clues. He also looks at a couple sectors, banks, high beta tech, and a few new issues.
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In today’s Morning Call Express, Scott Redler talks about the tightening range in the SPX and what levels to be watching as we head into a new month and fourth quarter. He also looks at the XLE in light of OPEC as well as individual names like AMZN, FB and some new issues.
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Trade Options Like a Pro… My buddy Doug Robertson is hosting a FREE options trading webinar next week. Doug’s going to be teaching his unique method for creating income with options, so I suggest you check it out. 1) Twitter Blasts Into Orbit This morning, CNBC reported that Twitter (TWTR) may be in talks to be taken over by Google (GOOGL) or Salesforce.com (CRM). While Twitter has been the source of regular takeover rumors for over a year, traders certainly seemed to believe the new chatter. Twitter shares rose an incredible 21.4% to $22.62 today, its best performance in over 2 years, while call options volume exploded. In fact, Twitter call options set a volume record today, surpassing their last record set on December 26, 2013 – when Twitter’s stock price hit an all-time high of $74.73. 2) Markets Take a Break US stocks took a breather today after 4 straight days of gains and a record high in the Nasdaq Composite yesterday. The S&P 500 fell -0.6% to 2164.69 as traders locked in gains. Large cap tech was weak, with Apple (AAPL) falling -1.7% to $112.71 after market research firm GFK said iPhone 7 sales could disappoint. Crude oil dropped -3.2% to $44.85 after Saudi Arabia dismissed reports of an output freeze or cut at next week’s OPEC meeting in Algiers. As a result, oil and energy services stocks led the decliners’ column. Biotechnology, industrials, and financials were also weak. 3) Facebook Suffers a PR Blow Shares of momentum favorite Facebook (FB) took a little dive today after apologizing for an error in its video measurement tools. Facebook mistakenly overstated the average time its users spent watching videos for the past 2 years. This news raises questions about the success of Facebook’s high-profile push into video, and is causing some frustration on the part of advertisers that make decisions based upon Facebook video metrics. However, Facebook said that its miscalculations did not impact customer billings or the number of video views, which should soften the blow to some extent. P.S. Don’t forget to check out Doug Robertson’s options event. Monday’s Trading Calendar US Economics (Time Zone: EDT) 10:00 New Home Sales (Aug): exp. 600k, prior 654k 10:00 New Home Sales MoM (Aug): exp. -8.30%, prior 12.40% 10:30 Dallas Fed Manf. Activity (Sep): exp. -3, prior -6.2 11:45 Fed’s Tarullo Speaks on Next Steps in Bank Stress Testing 13:30 Fed’s Kaplan Speaks in San Antonio Moderated Q&A Global Economics 04:00 EUR German Ifo Business Climate 05:30 CHF SNB Chairman Jordan Speaks 10:00 EUR ECB Pres. Draghi Speaks 19:10 CAD BOC Gov. Poloz Speaks Earnings Before Open: Cal-Maine Foods (CALM) Carnival Corp (CCL) After Close: None of Significance
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