BullBear Trading: Stock and Financial Market Technical Analysis

November 2011 Blog Posts (1)

11/01/11 BullBear Market Report

The market got spooked by the collapse of a minor brokerage firm, MF Global. Perhaps an appropriate Halloween reaction of -2.5% occurred as the firm's demise was at least partially linked to losses stemming from the European debt crisis. Just two sessions earlier, markets spiked on news that a deal had been struck on Greek debt and the "recapitalization" (bailout) of European banks. At this time all of that spike move has been given back.  News that Greece is planning a referendum on its…

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Added by Steven Vincent on November 1, 2011 at 7:18pm — No Comments

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