Financial Survival Network, Released on 3/9/21 1. This morning, the major stock indexes are bouncing sharply higher. Today’s move is being led by the tech heavy NASDAQ Composite and NASDAQ-100 over 3 percent. Tech has been oversold a bit, so today it is the best performer. It should be noted that tech was down by […]
Financial Survival Network, Released on 3/1/21 1. This morning, the major stock indexes are starting out with a strong upside rally. In fact, when the futures opened up on Sunday night they were strong. The financial media is telling us that the pullback in the 10-year U.S. Treasury Note yield is the catalyst for the […]
Financial Survival Network, Released on 2/25/21 1. Major sell-off day. Every sector is down, including Russell 2000. It led the decline down 3.7% A total blood bath on massive volume. Nick’s cautionary words are coming true. Broad-based sell-off across the board. What goes up parabolic will eventually come down the same way. Nasdaq down 3.5%. […]
Financial Survival Network, Released on 2/23/21 1. Markets are starting the day with a sharp decline. So it will be important to see where they close today. Hence the saying, it’s not how they open, but how they close. There have been so many cases where the markets drop sharply only to reverse higher or […]
Financial Survival Network, Released on 2/4/21 Nicholas Santiago started trading in 1991. In 1997, he became a licensed Series 7 and 63 registered representative. He successfully managed money for a large, affluent private client group. Nick is an expert in Technical Analysis. He is a highly regarded and accomplished technician in the studies of Elliot […]
Financial Survival Network, Released on 2/2/21 1. For a second day in a row we are seeing the markets rally. The catalyst seems to be the unraveling of Gamestop (GME) and the heavily shorted stocks that were getting short squeezed. As these stocks have come down the markets have actually rallied higher. The markets seem […]
Financial Survival Network, Released on 1/29/21 1. Gamestop (GME) & AMC Entertainment (AMC) are the talk of the town right now. Yesterday, the popular brokerage firm, Robinhood, restricted trading in GME, AMC and a bunch of other highly shorted stocks. This news caused a major drop in GME stock yesterday. Then before the closing bell […]
Financial Survival Network, Released on 1/28/21 1.The markets staged a high volume reversal day by the close yesterday. However, today the markets are rebounding, reversing a lot of the declines from the last session. Gamestop (GME) has become the talk of Wall Street as the stock traded as high as $500.00 a share before the […]
