If you read my letter, you know that the technical weakness has been adding up for weeks, and finally the neckline broke around 1249-1270 on S&P to trigger the bearish pattern. The neckline breach was the final area to get...
Read MoreAfter one of the largest one-day drops (512 points) in the history of the Dow, investors were left reeling and anxious, while traders began to lick their lips over the volatile action for the foreseeable future. Although we...
Read MoreBy: Ben Erichsen and the Newzblitz Team I don’t like to sound like a broken record but today was another day where the macro-action definitely overwhelmed most of the equity-specific news. I could paint a picture where...
Read MoreBy: Garret Marquis, Chief Compliance Officer for T3 Live, LLC and T3 Trading Group, LLC Below you can see the latest Regulatory Circular RG11-095 from the CBOE regarding waivers for the Series 56 Qualification Examination....
Read MoreThe Dow was able to eke out a green day Friday, but markets ended the their worst week since 2008, highlighted by yesterday’s 500+ point drop in the Dow. The Nasdaq led the decline yesterday down 5%, and today continued to...
Read MoreThe bearish pattern is complete on the industrials and homebuilders. That was fast! If you take a look at these two charts- we showed you the Technical Bearish Pattern in the Industrials and the Homebuilders. They helped to give...
Read MoreBy: Ben Erichsen and the Newzblitz Team Today is all about the NFP. It’s been very hard to find good economic data lately and this better than expected release brought an instant spike to these badly beaten down markets....
Read MoreAM Action: Unemployment # Comes in Better than expected – Equities rally pre market 9.1% vs. 9.2% last month. The revision seems to have helped. Apple (AAPL) Price target raised to $540 from $450 at Needham LinkedIn...
Read MoreBy: Ben Erichsen and the Newzblitz Team We definitely got the answer to the question we were pondering last night and in the pre-market. After failing to find any lift on the gap down, we began a very orderly grind lower: lower...
Read MoreUS markets experienced their biggest drop since February 2009, with the Nasdaq getting hit the hardest down more than 5%. The selling was persistent all day and volume was heavy, signalling widespread fear and pessimism....
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