Skip navigation

Monthly Archives: December 2008

Happy New Year!!

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! We locked in some profits from yesterday’s trades:01:00 | HappyTrading PCLN ($73.70) Sold to Close PUZAN Jan 70 calls, at $5.50 +45% 11:06 | HappyTrading ICE ($82.70) Sold to Close ICEAP Jan 80 calls, at $6.70 +37% 07:23 | HappyTrading PCLN ($72.30) Sold to Close [...]

Market Forecast + Sector Watch: GLD, SLV, USO, XLF

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Hope you are all having a very restful holiday season! The markets went through Christmas with very light trading and not much changes.  Last weekend, I wrote: “For the new week, I think techs can start leading the market.  We’ll be looking for the semiconductors and [...]

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

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Happy Holidays Everyone! The market ended a busy week with little changes.  Last weekend, in my Market Forecast, I said: “…the market needs to jump higher right from the start to keep things above that 30-day MA.  Any weakness to start the week would likely push [...]

Oil, Energy Sectors Lead The Market Lower! SPX, Nasdaq, DO, RIG, SLB, NOV, GE, ORCL, RIMM, POT

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market was weak all day today.  Last night, I wrote: “…[VIX's] hourly chart is bottoming.  We have to be a little more careful here, as people are locking in profits.  SPX 900 will be an important support level.  Remember, this is also the options [...]

Solars And Gold Up, Oil Drops Further! SPX, Nasdaq, POT, CF, MON, MOS, DNA, CELG, GENZ, AMGN

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market started the day down, but climbed higher.  Just when it made it into the green, it faded again.  It looked like people were locking in profits.  But, there were also people buying on the dips.  Thus, the market closed slightly lower.  Oil continued to fall, [...]

Quick Trade Update! (PCLN, AEM, FSLR,…and more)

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! We have been trading less lately due to the market environment.  Capital preservation has been very important.  Since last week, the market environment has been trying to get better; and, the Fed certainly helped yesterday.  We have cashed out on some very good trades: From [...]

Goldman Sachs and Fed Induce Market Rally! SPX, Nasdaq, GS, POT, MOS, CF, MON, PAAS, AEM, SLW, FCX

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Market started out the day on a positive note as GS reported “better-than-expected” earnings.  GS posted its first loss, ever, since the firm went public; however, the loss was not as severe as many had feared.  GS shared jumped +14.35% to close at $76.  The [...]

Markets On Hold For Fed, Earnings

from MyHappyTrading.com by Bagger Vance Sign up for FREE membership! If the shoe fits… Markets ended a bit lower Monday after last week’s news-driven frenzy. Today’s turnover was much lower as the market was down most of the session, something you like to see if you’re somewhat bullish. Volatility is here to stay though, and [...]

Market Forecast + Sector Watch: SPX, Nasdaq, UUP, USO, GLD, XME (public)

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Last weekend, in my Market Forecast, I said, “So, for the new week, we should be looking at how the market reacts to the “rescue plan” for the automakers when the details are finally agreed on.  It does seem that the market is more ready [...]

Financials Lead The Market Lower: SPX, Nasdaq, WFC, BAC, JPM, C, PNC, COF, SKF

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market hung around flat to higher for most of the day.  But, in the last 2 hours, it finally succumbed to the pressure of profit-taking in the energy and commodity-related sectors.  The market struggled while political drama over the rescue plan for the automakers [...]