Doesn't seem so for offerings. Either it is delayed, someone has insider information or is receiving the news faster somehow and was able to react sooner. This happened in multiply stocks I was in I would see a huge red candle before I see the article which pops up a few seconds later.
Yeah, but a human would need to react to the article before the algo takes place or is the algo actually able to detect newsfeeds as well? That still wouldn't make sense, like I said a red candle appears even before the article so unless this algo can see into the future for a few seconds. The only logical explanation is someone getting insider tipped or there is something faster than Benzinga.
The algo can read the article by itself. But it can’t analyze it before it’s published. There is no mention of delay for the free trial. I don’t think insider activity generate spikes. Maybe the red candle isn’t news related ? Or maybe there is a faster news source.
I’ve blocked the dude He’s a champion for this kind of thread. https://www.elitetrader.com/et/threads/con-man-benzinger-gross-does-it-again.343236/
It is related to the offering news. I've been in multiply stocks that had offerings before so I know this for sure. A huge red candle like 10%-20% just before I see the offering come out on Benzinga.
Maybe follow @ZBZB advice. Try out different news service. Maybe learn to hack into a server. Usually Big Fat Red candles are bots, Either from the news or from other bots.