By Scott Redler, T3Live
Scott Redler, Chief Strategic Officer of T3 Live hosts the Morning Call Express for Thursday, June 30, 2016. This morning we see mixed markets around the world as most areas snapped back hard with the elevator down and bungee cord back up. In Europe the FTSE is back to where it started pre-Brexit and flirting with a key downtrend. The DAX is flattish with 9700 as a resistance spot. In Asia the Nikkei is flattish and so is the Shanghai but had a decent bounce back. The Hang Seng Out performs up 1.75%. World markets not a headwind this morning. US markets had Day 2 of its snap back rally that ran over those thinking it would only be a “dead cat bounce”. SPX reclaimed 2025 Tuesday and powered to close above 2062 Wednesday.
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About Scott Redler
Scott has been trading equities for more than 15 years and has more recently received widespread recognition from the financial community for his insightful, pragmatic approach. He began his career as a broker and venture capitalist where he was able to facilitate relationships that led him into trading. Beginning his trading career at Broadway Trading in 1999, Scott moved on with Marc Sperling to Sperling Enterprises, LLC after establishing himself as one of the best young traders in the firm. As a manager at Sperling Enterprises, he maintained his status as a top trader at the firm while working closely with all traders in the firm to dramatically increase performance. Scott has participated in more than 30 triathlons and one IronMan triathlon, exhibiting a work ethic that also defines his trading. His vast knowledge and meticulous attention to detail has led to regular appearances on CNBC, Fox Business and Bloomberg, and he has been quoted in the Wall Street Journal.