from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The markets opened lower and accelerated downward after the bailout plan was announced. Crude closed 5% lower at $37.55/barrel. Gold went higher to trade above $916/ounce. Financials led the markets in the selloff: WFC -14.22%; PRU -16.5%; GS -7.65%; JPM -9.75%. STI opened in the [...]
Monthly Archives: February 2009
Markets Sell On Bailout Plan News! SPX, Nasdaq, GOOG, BIDU, WFC, PRU, GS, JPM
February 10, 2009 – 4:24 pm
Market Forecast + Sector Watch: SPX, Nasdaq, GLD, GDX, XME, FXI (public)
February 8, 2009 – 8:28 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Last weekend, in my Market Forecast, I wrote: “For the new week, much attention will be on the changes in the stimulus plan and the second stage of the TARP. But, judging for the market’s reaction late last week, the crowd is getting harder and harder [...]
Trading Strategies In A Volatile Market Environment
February 7, 2009 – 12:11 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Finally, a postive week for the markets! The markets rallied on hopes that a stimulus package will be passed soon to help the ailing economy. Financials and techs (especially the biotechs) lead the markets higher. The Dow was up +279.73 points; SPX added +42.73 points; [...]
Has The Market Become “Predictable”? SPX, Nasdaq, CSCO, V, MA, BBBB, AKAM
February 4, 2009 – 9:14 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! We all know that the market has been extremely volatile and not very easy to invest/trade. But, has the market gotten a little more “predictable”? Can you actually see where the market is going in an environment as chaotic as this? If you ask a [...]
Biotechs Lead The Market Higher! SPX, Nasdaq, MYGN, OSIP, BIIB, LLY, ISRG, HES, APA, XOM, ESI, APOL, GLD, AEM
February 3, 2009 – 4:52 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market rallied higher today, led by the biotechs. MYGN reported better-than-expected earnings and propelled its shares to an 8-year high, up +17%!! OSIP shares jumped more than +16% on positive results on its cancer drug, Tarceva. BIIB was also among the solid gainers, adding [...]
Very Good Trades In A Very Tough Market Environment
February 3, 2009 – 9:04 am
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! January was a pretty tough month for the market. The Dow was down 775.53 points, or -8.84%. But, we did very well, especially considering how the market environment was! I’m continuing to modify the my trading strategies to fit the market conditions. One thing that [...]
Market Forecast + Sector Watch: SPX, Nasdaq, USO, UUP, GLD, XLF, SOXX
February 1, 2009 – 8:38 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Happy Super Bowl weekend! Wow, what an exciting Super Bowl game that was!! Back and forth, back and forth, just like the stock market! In the end, Steelers came back, from being down 3 points with about 2 minutes left, and beat the Cardinals with [...]
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_6.gif)
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_6.gif)
