2024-12-24

Introduction to Scott Redler’s #630Club: Live Stock Market Analysis

In the bustling world of finance, where market sentiments can shift in the blink of an eye, staying updated with the latest stock market trends is crucial for investors and traders. On December 24th, Scott Redler, the Chief Strategic Officer at T3 Live.com, hosted a special session of the #630Club, where he shared insightful live analysis of the current stock market landscape. This video provides a deep dive into market dynamics on Christmas Eve, exploring everything from stock movements and future predictions to trading strategies for the holiday season and beyond.

Comprehensive Analysis of Market Trends

Market Behavior and Predictions

Redler opens the session by reflecting on the year’s trading dynamics, noting that despite various economic turbulences, adapting and staying resilient have led to continued success. He discusses the concept of a "Christmas rally," a term used to describe the stock market’s tendency to rise in the last week of December. According to Redler, the market has been experiencing a methodical upturn, demonstrated by subtle yet consistent gains, rather than aggressive spikes. This steady growth suggests a healthy market environment leading into the new year.

Key Stock Movements and Strategies

Throughout his analysis, Redler focuses on specific stock performances, including notable moves by tech giants like Tesla and Meta (formerly Facebook). He elaborates on Tesla’s stock holding above its 2021 highs and how its gradual build-up provides a solid foundation for potential future gains. For Meta, he points out how tactical trading, rather than holding long-term positions, yielded profitable short-term opportunities.

Redler also touches on his strategies for trading small caps and the influence of external factors such as interest rates and inflation on market dynamics. He emphasizes the importance of tactical moves like "buying the dip," a strategy that has proven successful under current market conditions.

Sector-Specific Insights

Additionally, Redler provides insights into various sectors, including technology, energy, and consumer goods. He analyzes the relative strengths and weaknesses prevalent in these sectors, offering viewers detailed advice on navigating their complexities. For instance, he highlights the performance of energy stocks, suggesting potential investment opportunities for the coming months based on trends such as Warren Buffett’s activity in stocks like Occidental Petroleum.

Key Takeaways for Future Trading

Redler’s discussion is not just about current trends but also about preparing for future movements. He introduces the concept of "January effect" stocks—companies that typically see a price increase in January—and shares his thoughts on investing in these as part of a diversified trading strategy. He also warns of the volatility in sectors like cryptocurrency and provides cautionary advice on how to engage with these high-risk areas.

Conclusion: Adapting to Market Changes

The analysis in Scott Redler’s #630Club session highlights the importance of adaptability and strategic planning in stock trading. Redler’s detailed market breakdown and predictions based on latest trends and historical data equip traders with the knowledge to make informed decisions. Whether you’re a novice trader looking to understand market fundamentals or an experienced investor seeking tips for the holiday trading season, Redler’s insights provide valuable guidance on navigating the complexities of the stock market.

As we move forward, keeping a keen eye on market trends and being prepared to adjust strategies accordingly will be essential for achieving trading success in a fluctuating financial landscape.

Watch this video below for more info:

Scott Redler’s #630club – LIVE Stock Market Analysis



2024-12-24 23:54:58
Visit https://www.t3live.com/scottebook to get Scott’s eBook today.

Scott Redler previews the market action with full analysis of #SPX #QQQ #Nvidia #Apple, #Tesla and more!

Video transcript:
[Music] all right good morning good morning it is 6:31 it is December 24th it is going to be Christmas Eve tonight hopefully everyone’s got a nice setup waiting for them later with their friends and family if you celebrate the holiday and guess what Wednesday is Hanukkah everyone’s got something to celebrate and Quanza too uh my name is scav rler I’m the chief strategic officer at T3 live.com welcome to the 630 Club one of the last few of 20 24 I’ve been doing this what since the pandemic when the world s seemed like it was going to fall apart and all of a sudden you know I was sitting in my Short Hills office all by myself with my suit case my uh my sleeping bag and a bottle of wine and all of a sudden martial law was created and I was like hey let me just give everyone with some Clues on that that you know that you want to buy the dip all year long because I I survived a financial crisis in 20078 and by 2012 we were at all-time high so it’s the way to do it anyway it took only nine months then and here we are four or five years later and it’s uh you know it’s been going really well been adding value to people’s lives around the world and we’re going to continue to evolve and change and keep moving on anyway with that being said a lot of people like hey Red Dog you know did we start the Christmas rally Chistmas what movie was that I think that was some 80s movie um well this is these are the seven days that they say so um to me you know I you know Futures are up like seven eight handles I feel like we’ve had a methodical move like you can’t be upset thinking that this was predatory or anything you know you had the break that happened on fed day to give everyone a little bit of a brush back and keep everyone on and said hey markets can go down if there’s a real reason for it and a lot of people have lots of reasons for it you know some think interest rates some think inflation some think we’re overvalued some think we the worse either way you know I’ll look at the price action and this kind of you know shook things up and if again if you reduced risk when we broke you know 602 or when we did this little small red dog reversal you know on Friday when we were down huge had an opportunity to to to buy the dip and sell some and then even yesterday we made a higher low we stopped right here so now the question is on 12:24 with a half day today we’re off on Wednesday then Thursday Friday end of the year are we going to kind of push back up you know back towards this broken trend line are we G to you know put in a lower high here uh and in order to do so what do we have to do we have to get above and stay above 59575 so this is an important level this is kind of the Battleground for today we were a little bit above it and now we’re up about 70 cents or so you know qes continue to be a source a relative strength um it also gave you a way to get out broke below 534 that was your spot to say hey I better be careful we’re pretty elevated from the e day and then you had a way to buy some things back on Friday at a lower level once we reclaimed Thursday’s low you had a stop here we held the 50 day and then a little inside action yesterday um there aren’t like huge setups out there where stocks are making higher highs getting 52 we breakouts we’re getting these range trades but range trades are fine you know range trades you can make a lot of money you know and if as long as you’re prepared and your mind is right and you’re at your desk and you’re you know making this as if it’s not a holiday it’s a business today you know you you you could do really well um some think that small cops might be able to play a little bit of catchup ah you know you could look at them you know you have this lower level pivot if you’re in the iw1 verse 218 maybe it pops back to 224 you could even maybe see you know the these other levels you know I like to map out levels to figure out where things could go perhaps um and then this is like the the week that like some things move around like the little ones you know sometimes you get these January effect names I put together a January effect list that I started buying a week or so ago and some things are working and some things aren’t but um that’s the way it usually works that’s why you have a few of them if you can handle it let me say hello to some of my dogs around the world before we continue so I’m not sure if these guys are on YouTube or they’re on uh Twitter but you know you got and andek asking about Bitcoin yeah you’re getting a little bit of a b hard with rates ripping that’s true for small caps I agree that’s why I’m not really focused on the small caps greetings from Amsterdam you know what I’ve never been to Amsterdam I’ve been to a lot of places I’ve never been to Amsterdam but uh maybe soon uh what’s up Pennsylvania how you doing we got uh I can’t even say any I don’t want to screw it up what up what up space specialist I’ve been seeing you all year I’ve had an amazing year better than your it salary that’s cool I didn’t even realize that you were you know so it’s what’s cool about the market is you know it it could be a very um it could be a very profitable hobby or it could be a very expensive hobby I try and help you guys put together the framework so it could be a very profitable hobby or a profitable career or a bunch of things that’s why I have all these different parts of what I do in the course of a day some people want to start with me at 4:30 in the morning and some people want to trade during the day some people just want some thoughts some people want to know where the action is some people want to hang out with me in the sauna the ice Barrel there’s a lot of different ways to grab a little piece of the Red Dog and figure out how it could add value to your day and there’ll be more of that to come so anyway yes someone’s like red dog I can’t believe finally after 17 years you had a little follow through in Ray I’m like well this isn’t a focus you know I did buy a bunch of $2 calls and and uh 250 calls for January for the January effect and it’s having to move up it could probably get up towards here or more it was just one of those those names that have been absolutely battered and bruised so sometimes those type of names get a nice little move during a holiday week and some volume came in this is what we call a day one day one move above a little range it wakes it up you had day two and now you’re having another day up that’s pretty cool for those of you who were in Rumble with me it was a Rumble in the Jungle anyway check out November 11th that’s when somebody told the world that Rumble was going to start being stock holder friendly and boy was it um I still have a small amount of calls left um you I posted this chart many times and you know we started buying in here and I I had the $7 calls that I think we bought for 70 cents I got rid of some for four yesterday so that was cool you know rumble’s a great product a lot of people talk and you know give their ideas kind of like the podcast world where people don’t have to be in the media and and have a biased right they could be themselves guess what the bias is on MSNBC or on Fox or on this and that now in Rumble it’s could be you you could actually tell it like it is but anyway with that being said that was a nice move um what is William saying thanks for that Rumble tip Beauty from Long Island there you go I don’t like calling these things tips tips it’s not a tip it’s a strategy and it’s a setup you know save tips for your waiter and I’m a big Tipper you say I’m a Tipper what was that from My Blue Heaven I believe in over tipping I do I am an over Tipper but that’s at restaurants I don’t give stock market tips I give thoughts and I give narratives and and then you have to have a process to approach them anyway you know what what else what could be moving this week you know we’ll see um I don’t think Tesla’s gonna all of a sudden make a huge move but actually if you think about this this is the weekly chart you I made some good money it’s holding above the 2021 highs you did get some exciting move all the way up to what that was 488 and now it’s building here so I think Tesla is letting the moving averages catch up if you remember right around here I’m like if we get through 271 we’re going to see 297 we get through 375 414 is going to be a magnet what a move you know now we break it back down to the daily chart and the daily chart is holding 417 so um I did reduce Tesla and if you remember last week we made money selling 510 calls 540 calls I even bought the TSL Q first time ever kind of like when I did that with mister and PS made some money and then I did Reby some Tesla stock I have some today um nice inside action holding around the 8 day while lotss of other names have been uh already you tip for a prom service yeah um the ad80 lines is still bad so you wna you want to you know keep yourself intact you don’t want to overstep overstep or get over your skis but you also when when things are moving around and the setups there and it’s defined you take it and uh you know yesterday I sold some Tesla into strength that bought some back it was a decent trade um actually did pretty good with meta remember guys yesterday I told you meta think could get back towards 602 you know I bought uh calls yesterday you know I think around 11 o’clock for for two bucks and was able to sell them for four bucks it wasn’t even an an earnings play you know so anyway now what may maybe this can get into this in you know this inside level here um Amazon you know kind of hanging out here nothing so special you know you like I like names that are tight that are ready to break out and go and um you know this looks like a range trade Apple wound up uh letting me out remember I told you guys yesterday that I you know on Friday I shorted a little apple for the rebalance it did go red and you could have made peanuts and I went long Tesla so that was a nice little uh long short trade and now the only person in apple is my son Chase Chase had us he bought during the pandemic we were in the high school parking lot and opened up his Robin Hood account and the first thing he bought was Apple and that was uh like 104 you guys remember that remember when he bought Apple but anyway yeah China names are doing pretty well um I I am long some fxi calls if you guys remember you know I bought fxi calls in here and I sold over half into that big move and right on this candle I started buying some back again so I do think China is doing pretty well not pretty well just it’s it’s a trade it’s kind of like a January effect trade so I I focus on that I bought some Baba calls you know decent candle yesterday I don’t get excited about Baba because Baba is such a tease if I had a dollar for every time someone said oh I’m buying Baba I’d have a lot of dollars but I would have lost a lot of money trading anyway I am in sbaba uh so what what do you guys you guys want to see what China’s doing China everyone knowes how to do that it makes me laugh anyway so fexi is up a bit what’s baba doing let’s see Baba up a11 18 okay A little bit of follow through um what else do I have there I have a little Neo so these are my three China trades you know going into January 17th so we’ll see um but again kind of spread out that’s more in the January effect type Camp um you know you have a lot of these drone stocks that are still working that uh people on my Alpha Team are making good money with they like this umac um had a nice move yesterday you know probably could work its way back towards High um had a quick move got tight continued um uh you’re you’re an xev yeah my brother’s an xev too that he’s keeps saying oh that’s kind of tight that’s something to look at uh maybe if China continues this this look this looks better than you to be honest um you know I I’m not doing work I don’t know which EV is better than the other EV I just remember you have a few of these Chinese EVs and when they want to go this is one of them so this a good setup I I think you could take a look at this if you want a China name um thoughts on Mexico a lot of my friends are there on vacation and hopefully they don’t get kidnapped no I’m kidding you want me to look at the eww I’ll look at the eww few ah broken nobody I don’t know doesn’t seem like there’s anything going on here maybe you get a broken bounce but the the narrative around Mexico is not great to be honest I I listen nothing against Mexicans we won’t go that way anyway ibit not great I I did buy a little bit near the close um you know uh cryp you know crypto is a momentum sector you know when momentum’s strong it moves just as fast as a Tesla and it could um get you could reward you it could break out of levels it could look really good but when it breaks you can’t have too much of it you know if you have too much of it like anything else you’re GNA get hurt I do think Bitcoin is a asset allocation over the next 10 years every month put a small amount in just like gold if you’re an asset allocator and if you trade for a living you better be aware a first of all we’ve been in it since the turkey Tri that’s when we started the Bitcoin remember the turkey Tommy handed it off to Santa and we were at 100,000 before even before s Christmas tomorrow’s Christmas we got to 108 so anyway got there sooner than than than later um so anyway the ibit did get to se 6175 so you sell strength I did trim a little bit and then when we broke this spot I’m like you know what I’m out of my ibit active swing long I’m now just going to let it figure out levels and buy dips and trade around it so anyway this is in no man’s land it doesn’t look good I’m only in small and I’m going to give it time you know Mis also you know everyone’s talking about how awesome Mis is you know they started talking about how awesome it is up here but anyway I’m not gonna get into Mis has been awesome a lot of people made a lot of money but also a lot of people who don’t know how to trade these things got their their clocks cleaned I remember on this day we had the reversal and then you have three days where they where everyone was so excited and they sold strength and then we broke this ex you know kind of uh accelerated trend line and now trying to figure out you know kind of hang in here and then rebuild above uh the the 50-day seems like it we’ll see the miners are tough like the the the miners and these names are really hard when when everyone’s short and no one’s expecting that they have big moves and when everybody wants to buy a dip and they think it’ll be reset up it’s a pain in the butt like even wolf like we did really well with wolf you know I did it here remember we had so much fun but wolf that was right here is when I was really hyperfocused on the wolf it went 100% And then up here looked like it was going to go it didn’t looked like it was going to go and then that happens you know these things are are it’s tough money sometimes um what about djt I’m not trading djt you know when I won you know when I uh was on Fox Business with Liz Clayman and uh Charlie gasperino and there was election day and they’re like what do you think we you know we’re hearing that you know there’s going to be no president for a week or two I said well I’m hearing it’s gonna be a landslide for Trump like what do you buy I’m like Bitcoin and Tesla like what about djt I’m like I’m like I don’t know I don’t even know what’s going to happen there like can you be a CEO of a company and president like there’s so much weird thing so anyway hopefully you didn’t buy you know it into the election if if you did it did absolutely nothing but if you bought Tesla and you bought Bitcoin it did great and then if you bought uws which is where you know Donald sun is on the board you know that’s also doing pretty well but anyway I I don’t trade this thing it’s you know I don’t understand it and it just you know it’s kind of uh what’s the word predatory oh oxy you know oxy was one of my January effect plays um just thinking that Buffett it’s one of the few names he’s accumulating versus selling it he’s selling his Bank of America he’s selling his Apple he’s selling a lot of things and he’s accumulating this so it doesn’t mean it’s going to make me money but I started buying in here all the way down so I made a little bit of money back and now we’ll see if you know I do think the energy sector itself could be a place for the January effect for January February so if you want to play like the dogs of the Dow and you want to buy these things have been absolutely annihilated you know oxy could be one and then my friends who have funds in Puerto Rico really like uh valeris so but it’s it’s doesn’t show you anything here there’s been no day one no nothing no breaking of this descending Channel all the way down so you know it’s not really doing a whole hell of a lot oh Merry Christmas to you um yeah uh someone said why am I in GameStop H every now and then the stock provides opportunity it looks pretty tight here um again after after Rumble had a 100% move because tether made an investment or they were looking to buy Bitcoin I I know gmes has a lot of money they’ve done a lot of ATMs they haven’t said a word either these guys are you know sleeping behind the wheel or something’s going to happen soon where it feels like you know that could be one more move here so I have some options a little bit of stock so just keep an eye on it it’s gonna have to get above like 32 is with real like volume like crazy volume for it to have one of those you know fun moves that pay over the holidays so you sometimes it likes to go on a on a on a week like this so far it’s not there this morning though um anyway how can you be a CEO and a president I don’t know I’m talking about Trump uh mus is not the you know musk is just an advisor he could do whatever he wants you know Trump is the Pres G be the president of the United States and there’s a few little things that he might have to give up but who knows I I don’t know I’m not that smart um someone else had another question for the Red Dog for the Red Dog vzy yeah vzy is also a name that’s been trending you know look at that you know trend active sequence look at the day one day two day three you always trim on a day four so you can buy a dip and look at that move I don’t know exactly where it goes but these are the glasses um I did watch Zuckerberg’s interview about smart glasses and I have the metag glasses and they’re awesome you know you like hey meta take a video it just takes a video right from your glasses and it’s pretty good quality hey meta take a picture hey meta who’s coming it’s pretty cool you know I’m sure there’ll be other features and they look like Rayband glasses so not like the the Google Glasses that were like crazy you know but anyway um oh someone asked me about Microsoft I haven’t looked at Microsoft in a week Microsoft is just you know gave you a little sequence here and then that day change and not much of a bounce back so there’s not a whole lot going on in Microsoft I think Google’s been acting a little bit better you know what’s Google doing yeah you know Google gave you a quick move that nobody was really expecting but remember how tight it was there you had a gap some guys were long versus 181 Little Red Dog over cell it reclaimed it here it’s doing a little bit better Nvidia was really good though Nidia I’ve I’ve played very well made a lot of money in Nidia in the past two weeks even though it’s it’s in this range you know we bought remember the the options here bought options there came along uh the last few days here and I actually sold my Nvidia into this because again to me this is just kind of a range trade um but and then every now and then it turns into a momentum trade right now it’s it’s been a range trade since earnings right got above and failed lower high so may will this be a lower high we see what’s it doing this morning Nidia is it’s down 28 cents so I would say for this active sequence to continue you probably want to see Nidia hold above this uh 135 is let it rebuild to continue so go go step by step trade by trade here uh what are what are you guys talking to me about here um ndx yes MLD thank you for the 630 Club it’s the best thing in fit f into it by a million miles I love to hear it just wait till you see 28520 coming out in 2025 I’m having a whole new product line so uh you get a little bit of the Red Dog in the Raw get your mind right in the morning so if you could execute on these X’s and O’s but uh you’ll see how that goes uh with that said though it is 650 I want to say from my house to your house have a very Merry Christmas enjoy yourself have some have some Fitness Finance not Fitness and finance I’m kidding that’s that’s not on Christmas on Christmas it’s family and friends and fun and food I’ll tell you right now I hate to say I feel like I’m a fat bastard right now I’m eating and drinking too much so come January the first week of January I am starting a 90day challenge where I am going to not drink beer wine no bread no no chips no french fries and I’m going to go from like 190 to 175 so we’re going to do it together so if you’re with me and you want to start a cool diet and sweat a little bit and go barel there’s going to be a vehicle for you to do that and then we’re going to also fast on Monday so we’re going to make sure we could train our brain for good things and the test ourselves and and build our self-esteem that’s what I’m doing I can’t wait but tonight I’ll probably have some red wine I’ll have a little bit of B ziti and uh maybe some garlic bever mozzarella and uh continue to sweat it out but come January boom red dogs going red dog in the roar so if you want to get it done get it done we’ll all get it done together anyway good luck today I will be in I won’t be in tomorrow tomorrow’s Christmas I’ll be in Thursday and Friday and uh my report will be coming out soon so if you’re looking for that it’ll be out before the end of the year have a good one today guys good luck trim and Trail