Posted by optiondragon for myhappytrading.com Periodicals Wrap-Up for Friday, October 24th WALL STREET JOURNAL: In a sign that its need for cash continues to expand, the Wall Street Journal reported that American International Group (AIG) borrowed $90.3B from the federal government as of Wednesday… The Wall Street Journal also reported the economy has begun to [...]
Monthly Archives: October 2008
Premarket Analysis for 10/24 – Upgrades/Downgrades, Gappers, Actionable Calls
October 24, 2008 – 5:09 am
Market Ends Up In Volatile Trading: SPX, Nasdaq, DO, RIG, NOV, SLB, DVN, HES, UPL, APA
October 23, 2008 – 5:18 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market was strong in the morning, but, soon faded into the red. However, in the last hour, the market bounced and was able to close in the green. Energy and oil stocks were strong today: DO +14.51%; RIG +4.27%; NOV +9.4%; SLB +4.62%; DVN [...]
Premarket Analysis for 10/23 – Upgrades/Downgrades, Gappers, Actionable Calls
October 23, 2008 – 5:24 am
Posted By Optiondragon for myhappytrading.com From Briefing.com Periodicals Wrap-Up for Thursday, October 23rd WALL STREET JOURNAL: Goldman Sachs Group (GS) is about to cut 10% of its 32,500 employees, the Wall Street Journal reported, as the credit crisis continues to take its toll on Goldman, and as the wave of downsizing affects Wall Street…The Wall [...]
Market Tests Support Levels Again: SPX, Nasdaq, AEM, ABX, FCX, DO, RIG, NOV, BTU, ACI, CNX, MEE, AMZN
October 22, 2008 – 3:32 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market opened down and continued lower all day. The Dow was down almost 700 points intraday. Weakness was across the board. Gold and related stocks were hit hard: GLD -5.68%; AEM -25.18%; ABX -14.64%; FCX -17.78%; GDX -15.53%. Oil services were weak also: DO -15.18%, [...]
Will the Market Ever Stop Going Down?
October 22, 2008 – 3:09 pm
from MyHappyTrading.com by Bagger Vance Sign up for FREE membership! Going to Hell in a handbasket? A strong move to the downside with the markets undercutting some significant support…again. Horrible breadth today as the market started weak and just puked up any bull that was left in the neighborhood. Volatility kicked up again as rumors [...]
Premarket Analysis for 10/22 – Upgrades/Downgrades, Gappers, Actionable Calls
October 22, 2008 – 5:18 am
Posted by Optiondragon for myhappytrading.com From Briefing.com Periodicals Wrap-Up for Wednesday, October 22nd WALL STREET JOURNAL: Biotech stocks have rebounded better than the overall market, the Wall Street Journal reported. As companies report earnings, “in terms of core business and demand for drugs…these businesses aren’t feeling the effects of the global economy,” S&P’s Steven Silver [...]
Another Wild Day On Wall Street: SPX, Nasdaq, POT, CF, MON, MOS, UAUA, DAL, NWA, AAPL, YHOO
October 21, 2008 – 3:39 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! It was another wild day for the markets! Last night, I thought,“I think the best scenario for the market tomorrow is actually to open “lower”; let off some steam. Then, resume back up in the afternoon or late morning. If the market opens up, people will [...]
Premarket Analysis for 10/21 – Upgrades/Downgrades, Gappers, Actionable Calls
October 21, 2008 – 5:54 am
Posted by Optiondragon for myhappytrading.com From briefing.com Periodicals Wrap-Up for Tuesday, October 21st WALL STREET JOURNAL: If banks use the government’s $250B rescue plan as a means to make acquisitions it would not boost the economy as would new bank lending–the plans intent–according to the Wall Street Journal. John Allison, CEO of BB&T Corp. (BBT), [...]
A Positive Open For The Markets: SPX, Nasdaq, DVN, HES, APA, CHK, BTU, MEE, ACI, CNX, RIG, SLB, DO, NOV
October 20, 2008 – 3:48 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! This weekend, in my Sector Watch, I wrote:“I’m finding XME interesting this week. Its MACD is already touching the signal. Coals showed a lot of strength last week as BTU reported very good earnings. On Friday, even though the market faded in the last hour, [...]
Premarket Analysis for 10/20 – Upgrades/Downgrades, Gappers, Actionable Calls
October 20, 2008 – 5:21 am
Posted By Optiondragon for myhappytrading.com From Briefing.com Periodicals Wrap-Up for Monday, October 20th WALL STREET JOURNAL: Yahoo (YHOO) has planned a number of internal cost cutting measures of about 15% that are expected to be announced tomorrow when it reports its quarterly earnings, according to the Wall Street Journal. The number of jobs to be [...]
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_6.gif)
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