By: Scott RedlerWith distribution days adding up, we have to start asking some questions. This morning we’re seeing some Dollar strength, as well as the breakdown in some commodities. Decent earnings have been sold...
Read MoreBy: Scott RedlerGO SCOTT BROWN–(you can read between the lines as to how I think). Anway, lots of charts repaired themselves yesterday, but the lack of volume was a bit concerning. Last night, China’s government said...
Read MoreBy: T3Live.comWe at T3Live.com would like to invite our readers to join us for a very special opportunity. On Wednesday, January 20th at 4:30 p.m., Marc Sperling will be conducting a FREE webinar entitled Position Management:...
Read MoreBy: Scott RedlerI wanted to take a moment and highlight one of the emerging themes this year: stocks make quick moves and then stop or reverse on the dime. All in all, the trade just keeps on changing. Traders must continue to...
Read MoreBy: Elliot TurnerToday the Euro broke down from that bear flag pattern highlighted here last week. Relativity is an important concept in assessing currency valuations. It seems at this point that the Dollar’s strength is...
Read MoreBy: Marc SperlingEarly in the New Year, I was closely watching Garmin (GRMN) for a breakout above the $32.50 area. It took a few days for the stock to breakout, but following the gapup on January 8th, we have gotten a quick move...
Read MoreBy: Scott RedlerHere is my mocked up S&P chart with the relevant near-term levels and targets. With all the market leaders testing their 50-day moving averages, the market just might follow.The T3Live blog is powered by...
Read MoreBy: Scott RedlerMake sure you’re not there when they “TURN OUT THE LIGHTS.”Last week I pointed out some concerning action. It started when some old leaders broke their upper levels. Then, some of these leaders...
Read MoreBy: Scott RedlerChecking in from the road today, I see that we now have two distribution days within four sessions. This is not a good sign for the market. A third distribution day within a seven day period puts the uptrend in...
Read MoreBy: Elliot TurnerAfter the bell yesterday, Intel (INTC) reported a monster earnings beat. Expectations called for $0.30 per share and the number checked in at $0.40 per share. JP Morgan, while beating the headline earnings...
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