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Monthly Archives: August 2008

Premarket Analysis for 8/21 – Upgrades/Downgrades, Gappers, Actionable Calls

Posted By Optiondragon for myhappytrading.com, a social network made by traders for traders. From Briefing.com Periodicals Wrap-Up for Thursday, August 21 BLOOMBERG: Temasek Holdings may consider increasing its stake in Merrill Lynch (MER), Temasek’s chairman said. FINANCIAL TIMES: Lehman Brothers (LEH) reportedly held secret talks to sell a stake of up to 50% in itself [...]

Energy Sectors Bounce! SPX, Nasdaq, DVN, HES, HK, CLR, RIG, SLB, NOV, STP, LDK, FSLR, TSL, CSIQ, ENER

from My Happy Trading.com The market managed to keep some small gains, closing on a strong note.  Techs were a bit weaker.  Metals and energy groups showed a lot of strength.  XLE (energy) added nearly +2.89%.  The familiar energy names were mostly up: DVN +6.47%; CLR +7.28%; HES +5.64%; HK +8.43%.  Oil services continued where [...]

Premarket Analysis for 8/20 – Upgrades/Downgrades, Gappers, Actionable Calls

Posted By optiondragon for myhappytrading.com, the ultimate site made by traders for traders! From Briefing.com Periodicals Wrap-Up for Wednesday, August 20 WALL STREET JOURNAL: A venture led by residential land company LandCap Partners is buying $40M of land and construction loans from Wachovia (WB). FINANCIAL TIMES: Barclays (BCS) would consider buying a U.S. wealth management [...]

Commodities Bounce; Financials Still Weak: SPX, Nasdaq, MEE, CNX, BTU, RIG, SLB, NOV, AEM, HPQ

from My Happy Trading.com Financials and techs were weak for the 2nd straight day.  On the other hand, commodity-related sectors bounced.  Metals and mining groups were strong.  Coals showed a lot of strength: MEE +7.58%; CNX +6.53%; BTU +7.64%.  Oil services also recorded solid gains:  RIG +2.46%; SLB +3.93%; NOV +4.37%.  Crude oil closed above [...]

The 52 Week Highs/Lows Revisited With A Graphic Depiction (SPY, QQQQ, DIA)

Written By Optiondragon and Bluetick Many investors know about the internals of the market. It is data metric that many traders watch and read about but for some particular reason, it is not very often you see a chart where they are overlayed on its respective index. I think this is a real shame because [...]

Premarket Analysis for 8/19 – Upgrades/Downgrades, Gappers, Actionable Calls

Posted By Optiondragon for myhappytrading, a website made by traders for traders. From Briefing.com Periodicals Wrap-Up for Tuesday, August 19 FINANCIAL TIMES: Lehman Brothers (LEH) is holding talks about selling all or part of Neuberger Berman, its asset management unit, sources said. The division is believed to be worth up to $10B. WALL STREET JOURNAL: [...]

Market Falls On Financials: SPX, Nasdaq, FNM, FRE, WM, MER, UB, FMCN

from My Happy Trading.com The market was under pressure right from the beginning as a Barron’s article this weekend renewed concerns over FNM and FRE.  Both FNM and FRE tumbled more than 20% today!  Here are some other losers in the sector:  LEH fell more than 7%; MER lost 5.9%; WM dropped 7.47%.  The pressure [...]

Premarket Analysis for 8/17 Upgrades/Downgrades, Gappers, Actionable Calls

Posted by Optiondragon for myhappytrading, a social network made by traders for traders. From Briefing.com Periodicals Wrap-Up for Monday, August 18 WALL STREET JOURNAL: Lehman Brothers Holdings (LEH) will probably post a fiscal Q3 loss of $1.8B or more. The firm previously expected to report a fiscal Q3 profit. INDEPENDENT.ie: Bain Capital has submitted a [...]

Market Forecast + Sector Watch 8/18/2008: SPX, Nasdaq, USO, UUP, GLD, XME, HGX, PBW, XLE

from My Happy Trading.com The market eked out a small gain with SPX adding only +1.88 points for the week.  However, the techs were stronger.  Nasdaq gained +38.42 points.  The general sentiment on the market was better as the dollar bounced strongly and oil prices fell lower.  Commodities continued to be on the weak side.  [...]

Weekend Research, News Flow and Linkfest.

Posted By Optiondragon for myhappytrading.com, a social network made by traders for traders. A weekend linkfest area for traders and investors to post market moving news. This is what the Optiondragon is reading and filtering…. Please go to the new website www.myhappytrading.com to read all links and subjects. Some good listening and thinking from NPR…. [...]