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Monthly Archives: April 2009

Nice Rebound from Yesterday’s Beatdown

from MyHappyTrading.com by Bagger Vance Sign up for FREE membership! Entered quite a few new trades today, we’re looking for continued strength into the end of the week. Good power across various sectors stopped the losing streak at one. This is some very bullish action, pullbacks being bought at every moment. Earnings are still in [...]

Is The Market Ready To Come Down? SPX, Nasdaq, WFC, STI, NOV, DO, BAC, IBM

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market finally came down, in a big way, after 6 weeks of rally!!  Right out the gate, selling was intense, and… the market just kept sliding, until the close!  Weakness was across the board.  Financials and energy sectors were especially weak:  WFC -16.09%; STI -18.46%; NOV -8.75%; [...]

Site Updates!

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! HappyTrading’s trade records can now be accessed from his Profile Page.  Or by clicking here: HappyTrading’s Happy Trades. The “Help” page has also been updated.  The “Help” page contains information on how to nagivate our site.  We will also start to include an FAQ section [...]

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, XLE, OIH, GLD

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Last weekend, in my Market Forecast, I said, “With both SPX and Nasdaq closing above their respective soft resistances, the market looks like it has just started a new leg up!  Financials look especially strong after WFC’s good news on Thursday.  GS will report on [...]

Managing Risk: Switching From GOOG (+82%) To BIDU (+157%)

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Last week, GOOG’s superb earnings, which beat the estimates, drew a lot of attention, more so “ahead” of the report than “after” the report.  Ahead of the repot, GOOG shares climbed from below $370 to above $390 in 2 days!  The buying volume jumped and it was [...]

What A Busy Week!!

It’s been a busy week!  We started out on a great day on Monday and ended with another good day on Friday.  Here are the closed trades for the week: April 17, 2009 09:36 | HappyTrading STI ($18.07) Sold to Close SFJEC May 15 calls, at $4.31 +100% 09:22 | HappyTrading STI ($17.92) Sold to [...]

Techs Lead The Market Higher! SPX, Nasdaq, JPM, GOOG, RIMM, AAPL, C

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! This morning, the market had a muted reaction to JPM’s earnings, which beat the estimates.  After some late morning weakness, the market strengthened and pushed higher.  Techs were particularly strong, anticipating a good quarter from GOOG.  GOOG closed up +2.43%.  RIMM jumped +5.65%.  AAPL gained [...]

REITS Soar!! SPX, Nasdaq, GS, UBA, CBL, URE, UYG, JPM

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market opened lower today, but, was able to rally in the last hour and closed in the green!  Financials were strong today, as GS bounced more than +5%!  Real estate stocks soared today!  More than a week ago, one of our members, Skymist, wrote [...]

Market Ends Lower In Volatile Trading: SPX, Nasdaq, GS, INTC, DNDN, ISRG, EBAY

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! It was a very volatile day.  The market started lower with unfavorable retail data in the morning.  Selling pressure was on GS as it sold $5 billion of stock to repay federal loans.  Other financials got dragged lower as well.  Oil services were among the [...]

Market Rests After Easter Rally! SPX, Nasdaq, GS, BIDU, TSL, GOOG, BIIB, ESRX, WLP, INTC

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Yesterday, in my Market Forecast, I mentioned that “[t]he market may be a bit hesitant on Monday after the powerful run-up last week.”  The market opened lower, but, fought its way back to the green, although the Dow still closed down.  Financials were strong once [...]