COMMENTARY

Stocks reversed hard as the NASDAQ is weighed down by Cisco's cautious outlook.  The NASDAQ saw sellers knock down the index below its 50dma a sign of caution.  Volatility rose across the board as last week's disaster remains on every trader's mind.  We were able to...

Just when we think the market could be heading much lower stocks rebound, but in light trade.  The NASDAQ retook its 50dma a positive sign, but the downside is we didn't get the volume showing institutions weren't throwing their weight behind the move.  Even the small...

Volume lagged on both exchanges, but the NASDAQ only finished just below Monday's level.  On the NYSE volume lagged by almost 20% as institutions failed to step up support stock prices.  The morning's gap down was a function of Monday's dramatic rise and traders...

The news from the European Union fueled stocks at the open and throughout the day.  Severe oversold conditions certainly helped out the situation as the bailout helped calmed the fears in the market.  The Volatility index took a dive, but was able to finish above its...

[2010-05-06 14:32:51] [BWT Lobby] BigWave_Trader : [c=003300]this aint over yet[/c] [2010-05-06 14:32:57] [BWT Lobby] BigWave_Trader : [c=003300]more selling on its way[/c] [2010-05-06 14:33:30] [BWT Lobby] BigWave_Trader : [c=003300]fear![/c] [2010-05-06 14:33:42]...

European Debt Crisis of 2010 Today was unlike any other as panic struck the market with a ton of bricks.  The day started off just fine, but it wouldn't take too long before sellers grabbed onto the Greek riots as a reason to sell.  Short sellers, without an uptick...

The market can't seem to shake off the European Debt crisis as stocks gapped lower at the opening selling off in big volume only to settle higher off the lows.  Spain, Portugal, Ireland are all finding themselves under the debt fears sending shock-waves through the...

Distribution finally caught up with the market as stocks fell hard on massive trade.  More European debt fears emerged as Spain has asked for bailout funds giving traders a reason to dump the Euro and jump back on the US Dollar.  Commodities turned lower on the move...