Stock Market Sell Off Opening Bell Entry Stock Trade Huge Gap Down on CSCO News

Date: 11/11/2010

Stock Market Sell Off Opening Bell Entry Stock Trade Huge Gap Down on CSCO News. Major stock market indexes like the S&P 500, Dow Jones Industrial Average, and Nasdaq Composite Index lost steam on Thursday's trading session as CSCO released it's earnings that dissapointed Wall Street and analyst earnings expectation. 

This has created some very nice price action and has provided some excellent trading opportunities for SMF Traders. We're looking to get net long off the bottoms as we saw strong intraday reversals off the bottoms as Wall Street Traders bought the negative news off the opening bell. We're range-bound trading now as we enter the lunch hour and we'll be updating traders going into the weekend.

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