Brandon Rowley  T3Live The level holds again, September starting strong The much-watched 1,040 level on the S&P 500 held on its 5th test since the April highs. My toe dip last Friday turned into an aggressive long yesterday as we saw strength off the open. Of course, reversal trades are never easy and the late-day sell-off tricked me into selling...

Zero hedge Since bad news are great news, great news should be bad news, as all talk of QE2 on September 21 can now be shelved. It also means the sub-50 print will come in September instead of August, or October at the latest, unless all data analysis is outsourced to China in the next month. Reading through the components of the ISM, the report does...

The Market Ticker The next two days could prove to be very interesting – but probably won’t. Dick Fuld is prepared to later assert: Lehman’s demise was caused by uncontrollable market forces and the incorrect perception and accompanying rumors that Lehman did not have sufficient capital to support its investments. Uh huh.  It wasn’t...

Tim Iacono A short time ago, ADP reported that U.S. private sector employment fell by 10,000 in August, the first monthly decline since January. Shown below are the changes in employment for goods-producing industries where job losses have accelerated since the spring. This bolsters the case that Friday’s nonfarm payrolls report from the Labor Department...