I got a few emails from people who didn’t believe what I posted about all the crazy action on Friday — like ORCL and CMCSA hitting $0.01. Well, maybe they’ll believe the Wall Street Journal, which has finally reported on all those bad trades. This is from the WSJ article ‘Glitches Cancel Electronic [...]

What an end to a wild and historic week! Yet for all the volatility the indices ended near flat for the week. The Nasdaq finished the week up 0.56% while the S&P 500 was up just 0.27%. In yesterday’s watchlist I gave a warning to “be careful out there”. Shortly after [...]

CyberTrader just sent a notice that the Nasdaq is having quote data issues. I knew something was up b/c most of my charts were just sitting there and Trade-Ideas was not producing very many alerts. And now that I got the Nasdaq news, I see that Trade-Ideas is only producing non-Nasdaq alerts at [...]

There’s a lot of chatter on CNBC about some allegedly bad data on the NYSE this afternoon. John Thain, the head of the NYSE was on the floor checking on things after the Dow hit a 200 point air pocket around 3 PM. Here’s the chart with 15 minute bars:

And the chart with [...]