COMMENTARY
Stocks finish off the lows but close with hefty losses
Troubles in Europe remain as France’s cost of borrowing continues to rise. The European contagion will not stop until every country in the European Union is pressed. France’s CDS continues remain at highs signaling higher borrowing costs. Over on this side of the pond...
The QQQs flash a sell signal as Europe remains the focus of market pundits
Friday’s lackluster performance following Thursday’s drop pins the tail on the donkey. Despite the market being oversold in the near-term doesn’t mean we can’t fall further. Price and volume have been on the side of the bears as of late. The bulls lack of response to...
Nasdaq Resolves Itself To The Downside On Higher Volume
I will make this simple for everyone. Big Wave Trading follows the trends. We will be wrong a lot and cut our losses when we are. Until this year, we were always right more than wrong. This year, however, we have been wrong more than right, due to the extreme...
Fitch spooks the market giving major indexes another day of distribution
A report by Fitch on US bank exposure to Europe sent stocks into a tailspin late in the trading session. For most of the day it appeared the market was gaining intraday support like most other days in the market. Leading stocks were acting well, but with the NASDAQ...
“Take That Bulls,” says Mr. Stock Market
Today was looking very constructive. That is until the last hour when the floor just completely collapsed. There was nothing orderly or friendly about that pullback (see: selloff). On top of that, volume was clearly much higher than the day before. That equals yet...
New Seeking Alpha Article – SWI VMW TIBX SPRD
4 Technology Stocks Making The Future More Profitable
NASDAQ leads the market higher volume remains below average
Positive economic data helped fuel a positive turn in futures pre-market. However, it was Italian bond yields stealing the spotlight. Headlines are now beginning to turn to France’s bond yields. Contagion is real in Europe and it is going to sweep the Euro union. Over...
Flirting With The 200 Day Moving Average
That was a nice headfake today by the Nasdaq. It was still a very positive session post 1215pm EST breakout but the close sadly prevented us from getting what we wanted which was a legitimate signal to tell us to buy stocks. Underneath, it was much more bullish as...
Extreme low volume hits the market despite contagion fears over in Europe
The lack of volume made it quite easy to push around stocks today. Buyers weren’t in the mood to bid up stocks, but there weren’t enough sellers to really make today’s selling too meaningful. Institutions were on the sidelines today a good sign with the price...
Stocks Consolidate Nicely On Lower Volume
First thing, first, congratulations to MarketSpeculator on the birth of his new child on 11-11-11 (nice timing). Future trader Luke is now here and ready to tackle the world. While Market is absent here and there, that means I get to fill in and do commentary for the...
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