The market was obviously nervous today ahead of AAPL and YHOO earnings. After opening higher in the morning, the market drifted into the red. AAPL traded down to just below $150/share. But, soon after lunch, buyers came in again, and the market was able to finish higher. Biotechs continued to be strong today. HGSI jumped [...]
Monthly Archives: July 2009
AAPL To $180? SPX, Nasdaq, AAPL, YHOO, FSLR, TSL, YGE, STP, AMGN, CELG, GENZ, HGSI, SPPI, MS, WFC, QCOM
July 21, 2009 – 4:32 pm
Market Rally Continues! SPX, Nasdaq, CIT, HGSI, TXN, LM, JDAS, V, MA, AXP, FCX, X, BTU, RTP
July 20, 2009 – 4:35 pm
After hearing that CIT managed to secure a financing deal, the market opened higher. Commodity sectors led the charge (see Sector Watch from last night’s article). Miners were especially strong: FCX added +2.7% (earnings tomorrow morning); X jumped +5.51%; BTU was up +5.04% (upgrade today); RTP hopped $6.5! Credit card companies also traded higher: V [...]
Market Forecast + Sector Watch: SPX, Nasdaq, USO, XLF, XME, XLE, PBW
July 19, 2009 – 6:53 pm
Last weekend, in my Market Forecast, I wrote: "For the new week, the market still looks very vulnerable. The market would have to overcome a lot of downside pressure to push higher. Goldman Sach’s (GS) earnings on Tuesday morning could decide the market’s near-term fate." Indeed, GS earings turned out to a dominant force. On Monday, [...]
Testimonials
July 18, 2009 – 10:31 am
Here are some recent testimonials from our Happy Traders. Click here to see HappyTrading’s Trade Records. To find out more about our Premium Services, click on the Services button on the top of this page, or, click here to Subscribe. MarketQuest July 17, 2009 12:46 PM Anyway, thanks Happy good call on MOS. Took profits top yesterday [...]
Another Awesome Week!
July 17, 2009 – 12:48 pm
This has been another awesome week for our "happy traders"! We are again 100% GR$$N on our published trades! Yesterday, in our Trading Room, I cautioned our members on chasing GOOG July calls, and, thought that IBM would be a better earnings play: July 16, 2009 10:03 AM techs/GOOG/IBM have gone up so much; GOOG [...]
Nasdaq At New Height Since October 2008! SPX, Nasdaq, IBM, GOOG, JPM, GS, SNDK, STEC, FCX, X, CNX, MEE, AXP, V, MA
July 16, 2009 – 6:03 pm
The market spent most of the day trading flat. But, in the late afternoon, there was a surge of buying just before IBM and GOOG’s earnings reports. This morning, JPM reported a 36 percent jump in second quarter profits, but, its shares traded flat. On the other hand, GS pushed higher in the afternoon, and [...]
MA Trade: “a full mortgage payment on the farm for August!”
July 16, 2009 – 5:42 pm
Here are some comments made in our Trading Room, when we played MA 170 calls since yesterday. My first entry was $1.7. Those calls traded as high as $10.5 and ended at $8.6. HappyTrading July 15, 2009 9:17 AM MA just cashed out on jul 170 calls for a quick +50% (1/2 hour); still seems too [...]
Stocks Surge After Earnings From Intel (INTC)! SPX, Nasdaq, INTC, GOOG, BIDU, GS, AAPL, FCX, X, CNX, MEE, JPM, IBM
July 15, 2009 – 5:44 pm
INTC’s superb earnings last night gave the market a nice boost right from the start, and, it never looked back! The techs and financials were very strong. INTC shares closed +7.25% higher. GOOG, which reports earnings after the market tomorrow, jumped $13.48, or +3.17%. BIDU added $16.76, or +5.6%. GS, after a muted response directly after [...]
Shipping Surges on Little News
July 15, 2009 – 5:02 pm
I was in shock at the turnaround. My shipping index was up 4.4%. (At 98.6) EXM was up over 20%! GNK, TBSI, EGLE, all up big. But the S&P was only up half a percent or so. So what is going on? My first thought – ok, so the S&P head and shoulders formation is [...]
Intel (INTC) Jumps On Earnings! SPX, Nasdaq, GS, INTC, BIDU, GOOG, EXM, DRYS
July 14, 2009 – 3:19 pm
This morning, GS delivered a $2.7 billion quarterly profit. But, its stock went up so much yesterday, it closed nearly flat. However, the news was enough to help the market overcome slight early weakness and close in the green. Or, perhaps the market was expecting more good news from INTC? After the market, INTC reported [...]
![[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)
