Scott Redler: Market momentum deteriorates beneath all-time high levels

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Yaroslav Dmytrenko

2 hours ago

Scott Redler: Market momentum deteriorates beneath all-time high levels — Market momentum weakens near highs

Momentum in the market is deteriorating beneath all-time high levels, with breakouts failing and some major stocks struggling, according to Scott Redler, Chief Strategic Officer at T3 Live and T3 Trading Group.

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Earlier, Redler delivered a premarket update focusing on stocks including NVDA, MU, SPCX, and SNDK in a previous briefing. He has also cautioned that recent all-time highs could be masking underlying risks tied to factors like bank earnings and semiconductor performance, as noted in another market risk warning earlier this year. These observations contribute to his ongoing coverage of challenges beneath headline market levels.

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