Another wild day on “Wall Street” as shorts raced to cover on the “monster gap up” as “Stocks Surge After Central Bank Action”. We’ll cover how we were long Google (GOOG) calls which we held overnight for the gap and how stocks and stock markets closed towards their highs of the day.
The Dow Jones industrial average closed at 12,046. Up 490 points or 4.24%. The NASDAQ composite index closed at 2620.3 404.83 points or 4.17%, Dow Jones utility index closed at 448.84 out 11.74 points or 2.69%, the Dow Jones transportation index closed at 4946.2 up 226 points or 4.79%, the NASDAQ 100 index closed at 2295.2 up 83.81 points or 3.79%, the Russell 2000 closed at 737.42 up 41.32 points or 5.94%, the S&P 500 closed at 1246.96 51.77 points or 4.33%.
StockMarketFunding.com Financial Banking Crisis 2011 S&P Downgrade Spree, Hits Most U.S. Banks
S&P Goes On a Massive Banking Downgrade Spree, Hits 37 U.S. Banks! In this live stock market education video will cover all the recent banking sector moves after hours as markets have just been dealt a dose of global bank downgrades by S&P. Global stress on the financial markets means forced liquidation, margin debt selling this is the main reason why we saw NASDAQ and technology related stock selloff the hardest today. Will Germany save Europe?
S&P Downgrades Goldman Sachs, Bank Of America, Wells Fargo, and Citigroup to an “A-” minus rating, down from an “A” rating.
Bank of America N.A. (BAC) to A from A+
Bank of New York Mellon Corp. (BK) to A+ from AA-
Barclays PLC (BCS) to A from A+
Citibank N.A. (C) to A from A+
Goldman Sachs & Co. (GS) to A from A+
JPMorgan Chase & Co. (JPM) to A from A+
Morgan Stanley (MS) to A- from A
Wells Fargo Bank N.A. (WFC) to AA- from AA
European Banks Downgrade; Record Yields in Italian Debt. Moody’s downgrade threat forces SG to extend tender. US ratings agency threatens further European bank downgrades. S&P Lowers Local-Currency Rating On Romania To Junk. Discover Downgraded To Neutral. Britain’s economic growth downgraded. Obama Presses EU Leaders on Resolving European Debt Crisis.
Stock Trading Education – Grand Theft Options How Wall Street Steals Options on the Open. In this live opening bell options trading video, SMF covers the options market-down on the opening bell on options expiraiton. The Google November weekly $565 call closed at $7.50. On the opening bell they stole the contract at $1.95 and immediately went higher as they walked the contract from $1.95 back up to $9.50 on the ask as of 942 AM for a 387% return on investment in 12 minutes of trading.
These are the options trading example regulators should look at how they walk stocks down for professional entries only to walk them higher. These types of instantces happen every week.
Financial Crisis 2012 Worse than 2008, European Banking System on the Verge of Collapse. In this special weekend training course lesson, we’ll cover the “Dow Jones Industrial Aveage” and what you need to know about the “United States Economy” going into 2012.
The Next Financial Crisis is Coming Worse than 2008, can it be averted? Only the correct government decisions can change the possibility of this.
Economic outlook 2011-2012 we’ll cover the “Dow Jones Technical Analysis” weekly and monthly trends of the recent liquidity injections into the market.
We’ll cover the recent bearish trends in the “Dow Jones” and the impact of the government’s “Super Committee” actions.
Financial Crisis 2012 Worse than 2008, European Banking System on the Verge of Collapse. In this special weekend training course lesson, we’ll cover the “Dow Jones Industrial Aveage” and what you need to know about the “United States Economy” going into 2012.
Financial Crisis 2012 Worse than 2008, European Banking System on the Verge of Collapse (VIDEO). Stocks remain at risk for a sell down going into the end of 2011.
All eyes are on the “Super Committee” and if they are able to come to a decision. Republican and Democratic lawmakers on the deficit-cutting supercommittee said they’re still working on a “last minute” agreement even as one of the panel’s leaders voiced doubts about an accord by a November 23, 2011 deadline.
Markets are concerned and on edge because time is running out for the decision on the plan to remove $1.2 trillion out of the federal budget.
Google’s Stock Setting Up a New Bull Trend? In this live weekend stock market trading education video, SMF will cover last week’s trading action and weekly trends in Google. Learn how to trade use gauge long term trends using stock fundamental analysis and weekly technical indicators.
Stocks overall remained weak in the face of the European debt crisis. NYSE stocks advancers led decliners 56% to 41%, however when it comes to the volume, down volume led up volume 50% to 49%. New 52 week highs on NYSE 73 versus new lows on the NYSE 74.
Overall trading was choppy stocks failed to regain their prior highs. Week over week, the S&P 500 close from its previous weekly close of 1,253.85 to 1,215.65, ending the week 3% lower.
Yesterday’s low on the S&P 500 of 1209.43 held today will be keeping a close eye on the futures market over the weekend to see if there’s any headline news related events related to Europe Greece Spain Portugal.
Live Options Trading During Options Expiration (GOOG). Today is a monthly options expiration, we saw a great deal of intraday volatility yesterday as global markets sold off hard. Leadership stocks like Apple, Google, Amazon, Priceline.com, and other related high dated names sold off hard in the wake of the European debt crisis.
Stock Market Today Futures Advance After European Debt Crisis Liquidation (VIDEO). Stock index futures rose on Friday after Europe’s debt crisis drove heavy market losses for this monthly options expiraiton, with the S&P 500 falling through key technical levels and possibly facing another key test of the strength.
In this live pre-market trading video, SMF will cover the trade management and how to trade the options expiraiton. We’ll cover the Google $600 Calls and some other positions we bought on the close yesterday at wholesale prices.
Stock Market Today S&P 500 Dow Jones Nasdaq Daily Bearish Chart -Bear ETF- trades have been inplay since we featured them yesterday.
The Dow Jones industrial average fell 135 points or 1.13% to close at 11,771. The NASDAQ composite index closed down 51.62 points or -1.96% to close at 2589.99. The Dow transportation index closed down 72.6 points or 1.49% to close at 4,811.5. The NASDAQ 100 index closed down 52.28 points or -2.25% to close at 2272.09. The Russell 2000 closedown 11.12 points or -1.52% to close at 718.74. The S&P 500 index closed down 20.78 points or -1.8% to close at 1216.13.
The systemic risk in the financial markets remains intact after the fallout of MF Global and global economic uncertainty based on European debt issues. Watch this live stock market index education video on how to trade the S&P 500, Dow Jones industrial average, Russell 2000 index, NASDAQ 100 index, and NASDAQ composite index.
ETF Trading Update Multi-Year Bottom Bear ETF Oversold. All the bear funds are oversold on weekly charts. We’ll cover all the high beta bear ETFs and their oversold conditions. Stocks worldwide sold off amidst global financial concerns about the “European debt crisis”. Bear ETF’s can be a great trading vehicle for shorting the market intraday or over shorter bearish cycles.
Trader Education 
Stock Breakout Trading Stocks Surge After Central Bank Action; Dow Back in Black for ’11
30 NovStock Breakout Trading Stocks Surge After Central Bank Action; Dow Back in Black for ’11
Google Stock Breakout Trading Stocks Surge After Central Bank Action; Dow Back in Black for ’11.
Another wild day on “Wall Street” as shorts raced to cover on the “monster gap up” as “Stocks Surge After Central Bank Action”. We’ll cover how we were long Google (GOOG) calls which we held overnight for the gap and how stocks and stock markets closed towards their highs of the day.
The Dow Jones industrial average closed at 12,046. Up 490 points or 4.24%. The NASDAQ composite index closed at 2620.3 404.83 points or 4.17%, Dow Jones utility index closed at 448.84 out 11.74 points or 2.69%, the Dow Jones transportation index closed at 4946.2 up 226 points or 4.79%, the NASDAQ 100 index closed at 2295.2 up 83.81 points or 3.79%, the Russell 2000 closed at 737.42 up 41.32 points or 5.94%, the S&P 500 closed at 1246.96 51.77 points or 4.33%.
Stock Market Google +1
Video RSS Feed
Free Trial Signup
Trading Community (Free to Join)
Follow us on Twitter
Follow us on Facebook
Tags: bank, bankers, banking, breakout, central bank action, chart, charting, charts, commentary, stock breakout, Stock Breakout Trading, stocks surge, trading stocks