Wang's Happy Trading

The markets finally decided to let off some steam today. Both SP 500 and Nasdaq got driven back to their 10-day MA. The DOW and SOX also took a hit. OIH gave back 2.19% to close at 156.55. And, GLD slid .7%. SPX In one shot, the SPX got pulled back to its 10-day MA. [...]

CTSH is reporting next Wednesday, 5/2, before the market opens. It made a good gain of 1.63% on Friday. It has now caught its upper BB and opened more to go up! This reminds me of the move made by BIDU last Tuesday, also 2 days before the earnings! So, let’s keep an eye on [...]

Happy weekend! It was another great week for the markets! We’ll be looking at mainly weekly charts today. Normally, we’d be looking also at monthly charts at the end of the month. But, since we have 1 more trading day for the month, I’ll have to do a special monthly review on Monday. The DOW [...]

I have already mentioned on the members board that the popular Trading Goddess is going to become a occasional contributor on Wang’s World. Many of you are probably already her “faithful” readers! She has a great sense of humor and provides a lot of great information on many, many stocks. Her blog site is not [...]

Well, after couple days of rest, the markets came back jumping!! DOW closed above 13000! Yippee!! SP 500 is eyeing 1500! Nasdaq finally jumped above the 2525 resistance. Even SOX managed to make gains after such a stellar performance yesterday! OIH broke out, again! And, what do we have after the markets were closed? More [...]