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Monthly Archives: January 2009

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, GLD, USO, BTK

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Last weekend, in my Market Forecast, I wrote: “The market is now again at support.  Breaking blow the daily MAs could easily push the market lower, and perhaps to test the Nov 2007 bottom.  VIX has risen back above 40 and could test the resistance [...]

To “Feel” The Game, To Find Your Trade And Style. To Get Out Of Your Way. To Be In The Zone And Find Your Authentic Swing.

The Legend Of Bagger Vance Once you have achieved the higher levels of any sport or performance or in trading. YOU are the biggest obstacle in the way of success to finding the right trade, following your rules and seeking the zone. At the highest levels of this game, sports or any other performance: fear, [...]

Happy MLK Long Weekend! FSLR, RIMM

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Lots of expiration manipulation going on today.  We cashed out our long trades and plan to sit on cash for the long weekend.  We got an overnight bagger on FSLR and a small gain on RIMM: 09:24 | HappyTrading RIMM ($48.60) Sold to Close RFYBJ [...]

Market Bounces On Stimulus Package: SPX, Nasdaq, MA, APA, ESI, APOL, RIMM, VMC, PCLN, BRCM, QCOM

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market opened lower and continued down in the morning.  I sold my puts and started watching for new opportunities as I commented in the Trade Room: HappyTrading January 15, 2009 7:37 AMshort plays might want to lock in profits and wait for the afternoon to [...]

Financials Lead The Market Lower! SPX, Nasdaq, BAC, GS, C, AAPL, CYPB, FRX

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market was very weak today, starting with bad retail numbers.  More problems in the financials sector kept extra pressure on the market.  C tumbled more than 23%, closing at $4.53.  BAC lost 4.23% and fell below $10/share after the market as reports stated that the [...]

Energy And Biotech Stocks Advance! SPX, Nasdaq, AMAG, BIIB, GENZ, OXY, HES, RIG

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market overcame afternoon weakness to close slightly higher.  Energy and biotech stocks were strong: AMAG +3.21%; BIIB +2.44%; GENZ +2.23%; OXY +3.57%; HES +3.39%; RIG +2.93%.  Financial stocks also bounced.  This morning, I said in the Trading Room: HappyTrading January 13, 2009 7:18 AMmarket things [...]

Markets Disgorge the Gains From Santa’s Rally

from MyHappyTrading.com by Bagger Vance Sign up for FREE membership! Heating up! Markets took it on the chin today as we get started with earnings season, which promises to be one of the worst in the history of mankind.  Breadth was bad for the third time in four days, but turnover was subdued.  Sectors were [...]

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, SLV, USO, BTK, PBW, SKF, SRS

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! We had another great week last week, including a nearly +200% trade on FSLR and catching the overnight bagger on APOL: 10:55 | FSLR ($161.50) Sold to Close HJQAL Jan 160 calls, at $8.00 +11% 07:58 | AEM ($49.53) Sold to Close AEMAJ Jan 50 [...]

Solar Stocks Jump On Obama’s Green Energy Plans! SPX, Nasdaq, FSLR, SPWRA, ENER, EMKR, YGE, APOL, ESI

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market was able to eke out a gain on a late rally.  Solar stocks were strong right from the start on Presiden-elect Obama’s green energy plans, including doubling alternative energy production in the next three years!  FSLR and SPWRA both added more than +4%; [...]

Market Pulls Back On Intel, Oil: SPX, Nasdaq, INTC, GOOG, MON, ISRG, TLT

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market finally pulled back today, prompted by INTC’s earnings warning and a huge drop in oil prices.  INTC fell more than 6%!  GOOG led the techs down, point-wise, dropping more than $12.  This morning, MON reported good earnings and raised its outlook.  Its shares jumped [...]