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Monthly Archives: November 2010

Techs Fell, Led By Google! SPX, Nasdaq, GOOG, AAPL, AMZN, RIMM, NFLX, DECK, CMG

 Subscribe via Email (FREE) The market was weak today, as GOOG led the techs on a slide.  GOOG has been slipping since hitting above $630 after its October earnings report.  EU opened a formal investigation into GOOG’s online search.  GOOG shares fell 4.54%, or $26.4, to close at $555.71, $75 lower than the recent high.  [...]

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, UUP, XME, XLF, GS, WFC, JPM, BAC, X, BTU, MEE, ANR, WLT

 Subscribe via Email (FREE) Last weekend, in my Market Forecast, I said: "For the new week, the market looks to continue its bounce.  To stop the quick pullback from turning into a correction, the market must break and keep above SPX 1200.  The market’s recent pullback was fast, so it’ll take a strong bounce to [...]

Monthly Wrap-Up Nov 2010: NFLX, CRM, APA, MEE, CF, AAPL, WYNN

 Subscribe via Email (FREE) First of all, I hope you’ve all had a great Thanksgiving weekend!  I’m doing the monthly wrap for November a couple of trading days early, since November ends in the middle of the week next week.  November has been a range-bound environment, but, we still saw some really good movements in [...]

Financials Hold The Market Back: SPX, Nasdaq, CMG, FFIV, NFLX, CRM, HPQ, GS, CME, ICE

 Subscribe via Email (FREE) The market was mixed today.  The financials were very weak as the FBI probed into hedge funds over insider trading.  GS fell 3.37%.  CME and ICE also fell hard.  CME lost $7.66 while ICE was down 1.59%.  Consumer and retail stocks rose just before the holiday season started.  NFLX jumped +8.83% [...]

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, GLD, XME, XLE, APA, OXY, HES, UPL, SWN, DVN, RIG, SLB, NOV, DO, AAPL, AMZN, WLT, ANR, MEE, PCX, ACI, BTU, X, GS, BAC, STI, HIG

Last weekend, in my Market Forecast, I wrote: "For the new week, it’s the options expiration week for November.  Volatility is to be expected, but, especially so in the beginning of the week as the market fights with SPX 1200.  Below 1200, between 1180 and 1190 is a strong support, as the market had spent [...]

Aggressive Dividend Trading Part 2 – Dividend Capture

The lure of dividends is always there. Even the novice stock trader notices that certain stocks move down suddenly on their ex-dividend date, and realizes that holders of that stock just received a tidy cash payment. It is no surprise that every trader, perhaps tired of fighting win-one lose-one battles in the volatile high-beta stocks, [...]

Weekly Wrap 11/19/10: CRM, BIDU, NFLX

 Subscribe via Email (FREE) It was a very volatile week!  But, we came away with winners on both sides (long and short).  Besides one minor loss, all of our closed trades were in the GR$$N, including a big triple (+241%) profit on CRM: November 19, 2010 11:39 | HappyTrading NFLX ($172.60) Sold to Close 1126C170 [...]

Market Bounces On Ease Over Ireland: SPX, Nasdaq, GOOG, AAPL, AMZN, POT, MOS, CF, DELL, CRM, FFIV, VMW

 Subscribe via Email (FREE) Market bounced today on Ireland being closer to accept financial help.  Market leaders such as GOOG, AAPL, and AMZN enjoyed solid gains, rising +2.23%, +2.64%, and +3.68%, respectively.  Agriculture stocks were strong: POT +3.12%, MOS +2.85%, +3.08%.  Gold bounced overnight and added on to its gains to close around $1360/ounce.  Oil [...]

The Pullback Continues! SPX, Nasdaq, BIDU, NFLX, FSLR, GOOG, LVS, WYNN, FCX, CREE, MELI, JCG

 Subscribe via Email (FREE) In the Market Forecast this weekend, I told our members that "I’m not in a hurry to trade the long side to start the week."  On Monday, the market tried to bounce.  We did not chase any long plays.  Today, the selling that started last week continued with added pressure as inflation [...]

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, XME, XLF, SOXX, POT, CSCO, FFIV, JNPR, GS, MA, V

 Subscribe via Email (FREE) Last weekend, in my Market Forecast, we discussed: "For the new week, the market may need to take a breather before going higher.  We could see some range-bound trading with possible quick pullbacks.  But, it seems that buyers will be waiting to jump in on pullbacks.  For SPX, the nearest resistance [...]