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Monthly Archives: November 2008

Premarket Analysis for 11/19 – Upgrades/Downgrades, Gappers, Actionable Calls

Posted By optiondragon for myhappytrading.com From Briefing.com Periodicals Wrap-Up for Wednesday, November 19th WALL STREET JOURNAL: According to people familiar with the matter, the Wall Street Journal reported that Boeing (BA) is in the process of recovering from a strike by its machinists and will delay by as much as 10 weeks the original delivery [...]

Market Stalls As Auto Industry Pleads For Bailout: SPX, Nasdaq, XOM, APA, HES, OXY, HPQ, IBM, RIMM

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market traded all over the place today.  It was slightly up in the morning, then, sank into the red.  In the last hour of trading, the market was able to come up to close in the green.  Much of the attention was on the [...]

Premarket Analysis for 11/18 – Upgrades/Downgrades, Gappers, Actionable Calls

Posted by Optiondragon for myhappytrading.com From Briefing.com Periodicals Wrap-Up for Tuesday, November 18th WALL STREET JOURNAL: Insurers bludgeoned by losses in their investment portfolios are maneuvering to remake themselves as savings and loan holding companies thereby qualifying for bailout loans from the government’s TARP program, the Wall Street Journal reported. Some deals in the works [...]

Market Slides Again: SPX, Nasdaq, BIDU, UTHR, ISRG, PRU

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market continued to fall lower, although there were intraday attempts to bounce.  SPX and Nasdaq are visiting the support levels again (SPX 850; Nasdaq 1500).  The market actions today were discussed in my Market Forecast post from the weekend.  We’ll look at the charts tomorrow for [...]

Premarket Analysis for 11/17 – Upgrades/Downgrades, Gappers, Actionable Calls

Posted By Optiondragon for myhappytrading.com From Briefing.com Periodicals Wrap-Up for Monday, November 17th WALL STREET JOURNAL: The Wall Street Journal reported that the seven top executives at Goldman Sachs (GS), including CEO Lloyd Blankfein, decided to forgo their 2008 bonuses. The executives will only be eligible for their $600K base salaries…FINANCIAL TIMES: After suffering a [...]

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, USO, SOXX, SKF

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Last weekend, in my Market Forecast, I wrote: “For the new week, the danger of retesting the lows (SPX 850; Nasdaq 1500) is still there.  How the market opens the week will be very important.  If the market goes back up above the 20-day MA [...]

Trading The Bounce: SPX, Nasdaq, CHK, OXY, HES, XOM, APA, FSLR, ICE

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Last night, I wrote, “And, here we are: SPX 850 and Nasdaq 1500 being tested.  After the market, INTC slashed its 4Q outlook.  INTC shares fell more than 7% in AH trading.  Techs were all hit too.  Looks like we’ll see a gap down tomorrow.  [...]

Premarket Analysis for 11/13 – Upgrades/Downgrades, Gappers, Actionable Calls

Posted by Optiondragon for myhappytrading.com From Briefing.com Periodicals Wrap-Up for Thursday, November 13th WALL STREET JOURNAL: The Wall Street Journal reported that Andrew Cuomo, New York state’s attorney general, is said to be seeking data from Bank of America (BAC). According to a person familiar with the matter, Cuomo’s office this week issued a subpoena [...]

Market Tests Recent Lows: SPX, Nasdaq, GOOG, BIDU, RIMM, AAPL, DUG, EEV, SKF, DUG, FXP

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market continued with its sliding today.  Stocks were weak across the board.  GOOG broke below $300 and closed at $291.  BIDU lost 4.11% to close at $182.99!  RIMM fell 5.86% while AAPL barely closed above $90, losing 4.91%.  I have been doing some quick [...]

The Slide Continues… SPX, Nasdaq, CLF, BTU, CNX, AEM, ABX, PAAS, FLR

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market continued to slide lower.  Most sectors were weak.  Coals stocks and gold miners gave back the gains they made yesterday: CLF -17.1%; BTU -8.23%; CNX -8.16%; AEM -5.54%; ABX -6.41%; PAAS -10.78%.  The market just cannot seem to get any consistency.  People seem [...]