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Monthly Archives: August 2008

Weekly Wrap!

from MyHappyTrading.com Last weekend, in my Market Forecast, I said,“For the new week, the market seems to be in a very good position to continue higher.  Nasdaq has already formed a new bullish formation and caught up with its daily upper BB.  Nasdaq could test 2450 soon.  SPX is about to catch its daily upper [...]

Premarket Analysis for 8/15 – 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 Friday, August 15th WALL STREET JOURNAL: The Wall Street Journal reported that the Federal Aviation Administration is planning to fine AMR Corp’s (AMR) American Airlines $7.1M for knowingly flying airlines that did not comply with maintenance regulations [...]

Market Runs Higher As Oil Drops: SPX, Nasdaq, CEO, BIDU, SNDA, TSL, CTRP, FNM, FRE, WM, BAC, GENZ

This morning, the CPI data came out.  It was higher than expected!  The market opened lower, but, quickly turned around and went into the positive territory.  Dollar went higher and oil dropped again.  Commodity-related sectors gave back some gains from yesterday.  Gold took a tumble and closed at a new year low.  It is trading [...]

Premarket Analysis for 8/14 – Upgrades/Downgrades, Gappers, Actionable Calls

Posted By Optiondragon for myhappytrading.com, the best social network for investors and traders, made by traders for traders. From Briefing.com Periodicals Wrap-Up for Thursday, August 14th WALL STREET JOURNAL: A Wall Street Journal review of data revealed that a heart stent made by Boston Scientific (BSX) awaiting FDA approval is backed by flawed research. The [...]

Commodities Jump As Gasoline Inventory Dropped: SPX, Nasdaq, POT, CF, MON, MOS, X, BTU, MEE, CNX, RIG, DVN, HES, FSLR, ENER

Oil prices rebounded today as US gasoline inventory dropped.  This also led to an sharp bounce in most of the commodity-related sectors.  Agriculture stocks were especially strong: POT +6.59%; CF +9.82%; MOS +10.35%; MON +5.2%.  Metals and mining stocks also jumped: X +6.21%; BTU +8.32%; MEE +7.75%; CNX +7.73%.  Energy-related plays drew buyers as well: RIG [...]

Premarket Analysis for 8/13 – Upgrades/Downgrades, Gappers, Actionable Calls

Posted By Optiondragon for myhappytrading.com From Briefing.com Periodicals Wrap-Up for Wednesday, August 13th WALL STREET JOURNAL: The Wall Street Journal reported that Best Buy (BBY) will begin selling Apple’s (AAPL) iPhone next month. Beginning September 7, Best Buy will become the first U.S. retailer outside Apple and AT&T (T) to offer the device…The Wall Street [...]

Financials Falter While Commodities Attempt To Bounce: SPX, Nasdaq, GS, BAC, WM, WB, AAPL, LDK, STP, SPWR, CSIQ

from MyHappyTrading.com by HappyTrading The overall market was weak today, pressured by the financials once again.  This morning, JPM disclosed widening losses in it mortgage portfolio.  Both GS and BAC were down more than 6%  WB tumbled 12.14% while WM dropped 9.28%.  Gold fell under $810/ounce today, but, bounced back to about $815.  The mining stocks [...]

Premarket Analysis for 8/12 – Upgrades/Downgrades, Gappers, Actionable Calls

Posted By Optiondragon for myhappytrading.com- the best social network for traders and investors. From Briefing.com Periodicals Wrap-Up for Tuesday, August 12th WALL STREET JOURNAL: In an interview with the Wall Street Journal,Eduardo Castro-Wright, the CEO of Wal-Mart’s (WMT) U.S. stores division, spoke about the discounter’s current strategy: “Changes in merchandising, marketing and improved service in [...]

Market Continues To Rally On Techs; Commodities Tumble Again: SPX, Nasdaq, AMZN, WYNN, CME, X, POT, CF, LDK

from MyHappyTrading.com (by HappyTrading) First trading day on the new site, and we’ve got bagger (+100%) trades to show.  The market was strong most of the day.  The Dow slipped into the red briefly in the afternoon, but, was able to come right back to close in the green.  Techs led the market again, and the [...]

Premarket Analysis for 8/11 – Upgrades/Downgrades, Gappers, Actionable Calls

Posted By Optiondragon for Myhappytrading.com- The best social network for traders on the internet! Made BY Awesome Traders for Awesome Traders. From Briefing.com Periodicals Wrap-Up for Monday, August 11th WALL STREET JOURNAL: According to people familiar with the matter, Waste Management (WMI) was expected to raise its unsolicited cash offer for Republic Services (RSG) to [...]