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Monthly Archives: February 2011

February 2011 Monthly Wrap-Up: BIDU, POT, MCP, SNDK, LULU

 Subscribe via Email (FREE) February went by fast!  We had a pretty good month.  Besides a handful of exceptions, most trades were in GR$$N.  Notable ones (highlighted) were BIDU, POT, MCP, SNDK, and LULU.  We also traded on both sides as volatility picked up.  I got rid of all the dates for the wrap-up report [...]

Market Forecast + Sector Watch: SPX, Nasdaq, USO, OIH, GLD, SOXX, FNSR, CIEN, ARMH, APKT, FFIV, CRM, PAAS, SLW, DO, RIG

 Subscribe via Email (FREE) And, the Oscar goes to…  oops, wrong show.  Excuse me…  as I was saying… Last weekend, in my Market Forecast, I wrote: "For the new week, we could see a quick pullback in the stock market.  This rally has gone up and up since September, although we did get a respite [...]

Volume Levels – Absolute vs. Relative

Much has been talked lately about the low volume levels. I suppose on an absolute basis that could be correct. Relatively speaking this may not be the case. Oh, I’m not saying volume is normal – whatever that may be. While there are a myriad of reasons for certain volume levels at certain times; beginning [...]

Volatile Week Ends on a Positive Note

Bulls started out the week buried in a hole after the turmoil in Libya turned ugly.  Monday being a holiday we all saw the futures getting blistered and oil up a staggering 8%.  While we all waited for the market to open the next day it seemed all news took a turn for the worse.  [...]

Weekly Wrap-Up 2/25/2011: POT, LULU, BIDU, APKT

 Subscribe via Email (FREE) It’s been a volatile week, as the market plunged in the beginning of the week on rising oil due to unrest in the middle east.  We traded on both sides with puts held from last weekend.  As the market bounced, we switched to playing calls and came away with another winner [...]

Market Struggles In Mixed Trading: SPX, Nasdaq, NEM, PAAS, SLW, ABX, CRM, FSLR, BA, DECK, OVTI, FFIV, VMW

 Subscribe via Email (FREE) The market was volatile and mixed today.  Techs were trying to make a bounce ahead of CRM’s earnings.  Energy and mining stocks were mostly weak, as oil pulled back immediately after a gap-up open.  Gold and silver fell, and the related mining stocks were hit the hardest:  NEM -7.36%, ABX -2.56%, [...]

Market Drops Sharply On Libya Unrest: SPX, Nasdaq, POT, CF, MOS, AGU, BIDU, GOOG, NFLX, AAPL, AMZN

 Subscribe via Email (FREE) As discussed in my Market Forecast last night, the market dropped sharply today on problems in Libya.  We were well-positioned to profit from this sharp pullback.  Our silver long plays popped, and, we locked in profits on weekly puts: February 22, 2011 10:17 | HappyTrading BIDU ($120.15) Sold to Close 0225P125 [...]

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, XLF, INX2, MOO, CF, POT, MOS, AGU, AAPL, AMZN

 Subscribe via Email (FREE) Hope you’ve had a nice, long weekend!  Here’s what we discussed last weekend in my Market Forecast: "For the new week, a lot of tech stocks are starting to look a bit toppy, although the market has just broken out.  We could see a stock-picking environment where certain stocks are breaking [...]

Markets Accelerate Gains into the Holiday Weekend

Can nothing stop this raging bull market?  Ok, for those looking for a continued move higher I apologize up front for that opening question (bad karma effect).  Seriously though, the strength of the market is something tomarvel at.  We’ve talked many times about the ’causes’ or ‘reasons’ – and frankly we don’t care about them [...]

A Day Of Breakouts! SPX, Nasdaq, WTW, TBL, DECK, SHLD, NVDA, SJM, RIG, DO, APC, SLV, GLD

 Subscribe via Email (FREE) The market continued to push higher today, to new multi-year highs.  There were many big breakouts today in various sectors.  WTW soared to a new all-time, up a whopping +45%, after reporting a blowout quarter!  TBL jumped +30%, also delivering a strong quarterly report.  NVDA continued to plow higher with a [...]