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Monthly Archives: September 2008

A Bounce That Did Not Fade? SPX, Nasdaq, BAC, WFC, PRU, JPM, CHL, CHA, EDU, LFC, SOHU, SINA, SNDA

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! This morning, President Bush and various government officials promised to work together to revive the $700 billion rescue plan.  This seemed to have given the markets some hope.  Most sectors rallied.  Dollar also jumped.  Financials led the market higher:  BAC +15.7%; PRU +11.2%; WFC +12.87%; [...]

Premarket Analysis for 9/30 – Upgrades/Downgrades, Gappers, Actionable Calls

Posted by Optiondragon for myhappytrading.com, join us for free! Coldplay- Life In Technicolor From Briefing.com Periodicals Wrap-Up for Tuesday, September 30th WALL STREET JOURNAL: In a reorganization of its research efforts, Pfizer (PFE) said that it will drop efforts to develop medicines for heart disease, a field that helped to keep the company near the [...]

Dow Tumbles 777 Points As Rescue Plan Gets Rejected! SPX, Nasdaq, AAPL, GOOG, BIDU, CME, FSLR, ISRG

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Much anticipation was on the House of Representatives to pass the rescue plan.  The $700 billion rescue plan was voted down by 228 to 205.  The market took a huge dive!  Big point movers include:  AAPL -$22.98; GOOG -$50.04; BIDU -$29.55; CME -$$79; FSLR -$26.82; ISRG [...]

Premarket Analysis for 9/29 – Upgrades/Downgrades, Gappers, Actionable Calls

Posted by Optiondragon for myhappytrading.com, join us for free!! check us out! From Briefing.com Periodicals Wrap-Up for Monday, September 29th WALL STREET JOURNAL: The Wall Street Journal reported that lawmakers and the Bush administration have agreed on a deal to rescue the financial system. The $700B deal will essentially nationalize the toxic mortgages and the [...]

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, UUP, USO, XLF, XME, SOXX

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Last weekend, in my Market Forecast, I said,“For the new week, we’ll need to see this market continue to rally.  Any big drops will likely bring back fear and discourage the investors.  After a 2-day, sharp rise, we’ll have to see how the market does on Monday.  We could [...]

Premarket Analysis for 9/26 – Upgrades/Downgrades, Gappers, Actionable Calls

Posted by Optiondragon for myhappytrading.com From Briefing.com Periodicals Wrap-Up for Friday, September 26th WALL STREET JOURNAL: Marking the largest failure in U.S. banking history, the Wall Street Journal reported that federal regulators struck a deal to sell the bulk of Washington Mutual’s (WM) operations to JP Morgan Chase (JPM). Under the terms of the deal, [...]

Deal Or No Deal?! SPX, Nasdaq, POT, CF, MON, MOS, CNX, BTU, ACI, MEE, RIMM

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market kept things in the positive territory all day today, with a small slide in the afternoon.  Still, there was no definitive word on the “bailout” plan.  Among the modest gains, some sectors stayed weak.  Fertilizers were mostly down today:  POT -2.86%; CF -4.15%; [...]

Premarket Analysis for 9/25 – Upgrades/Downgrades, Gappers, Actionable Calls

Posted By Optiondragon for myhappytrading.com, join us for free! From Briefing.com Periodicals Wrap-Up for Thursday, September 25th WALL STREET JOURNAL: With the list of its potential buyers rapidly dwindling, Washington Mutual (WM) is talking with private equity firms about a possible takeover, the Wall Street Journal reported. Potential candidates are said to include the Carlyle [...]

Market Awaits The “Bailout” Plan: SPX, Nasdaq, GS, FSLR, SPWR, ENER, TSL, STP, NKE

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market stayed pretty much flat, as the Congress continued to discuss with Secretary Paulson and Chairman Bernanke on the “bailout” plan.  It seems many traders/investors are staying on the sideline, watching the Congressional testimony over the plan, anticipating any new developments.  GS jumped $10, to $135, yesterday after [...]

Premarket Analysis for 9/24 – Upgrades/Downgrades, Gappers, Actionable Calls

Posted By optiondragon for myhappytrading.com! Join us for free! From Briefing.com Periodicals Wrap-Up for Wednesday, September 24th WALL STREET JOURNAL: According to senior law-enforcement officials, the Wall Street Journal reported that the FBI opened preliminary probes that focus on whether fraud helped cause some of the financial turmoil at Freddie Mac (FRE), Fannie Mae (FNM), [...]