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Monthly Archives: January 2012

January 2012 Monthly Wrap-Up: AAPL, NFLX, RVBD, FAS, GS, MA, BIIB, UPS, PPO, AMZN, BRCM, NFLX

It’s been an exciting month to begin 2012, Year of the Dragon!  This has been the best January for the US stock market for more than 10 years!  We rode along with the market and also had an excellent month.  With as many trades as I publish, most of the trades in January were profittable: [...]

Some Profit-Taking, Finally… SPX, Nasdaq, NFLX, SNDK, CTXS, OXY, APA, IOC, EOG, RVBD, JNPR

The market charged higher at open today, with SPX going above 1333.  But, the rally didn’t hold, and some profit-taking finally kicked in.  The market was already looking to slip yesterday.  However, after Fed’s announcement to keep interest rates low until 2014, stocks pushed higher again.  Gold jumped back above $1710/ounce, and further extended gains [...]

Apple (AAPL) Delivers Blowout Quarter On Record iPad and iPhone Sales: SPX, Nasdaq, EMC, PLCM, VMW, AAPL, WDC, CLF, WLT, BTU

As I disussed in my Market Forecast this weekend, this market needed to let off some steam and we should be patient with the market in the beginning of the week.  The market took a quick pullback in the morning and fell below 1310, to 1306.  It was able to climb back to close mixed. [...]

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, XLF, SOXX, IGV, TXN, LTCC, XLNX, ALTR, SNDK, GS, WFC, JPM, STI, SLV, FFIV, CRM, VMW, MSFT

Happy Chinese New Year! 恭禧發財 龍年行大運! (Gong Xi Fa Cai; May your Year of the Dragon be filled with good fortunes!) Last weekend, in my Market Forecast, I said, "For the new week, earnings season is getting started.  Many financial firms will report their earnings, including GS, MS, BAC, WFC, and BLK.  Some tech belweathers [...]

Weekly Wrap-Up, Happy Chinese New Year! MA, NFLX, RVBD, GMCR, QCOM

Happy Chinese New Year!  It’s Year of the Dragon, the most revered and auspicious creatures of the Chinese Zodiacs! So far, the market has been really strong to start this Year of the Dragon.  We had another really nice week of trading with nearly all of the trades in the GR$$N, with two overnight triple-digit [...]

A Breakout It is! SPX, Nasdaq, TXN, LLTC, ALTR, XLNX, GS, FFIV, RVBD, CRM, NFLX, GOOG, BIDU, MSFT, INTC, IBM, AXP, COF, V, MA

On Wednesday morning, TXN and LLTC reported superb earnings and pushed the semiconductor higher.  Both TXN and LLTC popped more than +10% between Wednesday and today.  After the market on Wednesday, XLNX further confirmed the strength in the sector.  ALTR also benefitted from the news and vaulted more than +10% as well.  GS stoked the [...]

Almost A Breakout, Almost… SPX, Nasdaq, C, WFC, GS, IBM, AAPL, AMZN, PCLN

The market gapped up today on better-than-expected economic data from China.  But, financials dragged on the market a bit.  Plus, as I mentioned last week, the market technicals remain toppy.  SPX popped above 1300, but, could not hold it for the close.  After the first hour of trading, things started to slide lower.  C was [...]

Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, XLF, XLE, MOO, GLD, GS, MS, BAC, WFC, BLK, INTC, IBM, GOOG, POT, MOS, AGU, CF

Happy Martin Luther King Day! Last weekend, in my Makret Forecast, I wrote: "For the new week, the market may still need a couple of more days to consolidate.  But, the market does appear to be on the verge of break higher.  Above 1280, SPX could quickly run above 1300.  Nasdaq could see a burst [...]

Market Edges Higher Despite Weakness in Energy Stocks: SPX, Nasdaq, CVX, APA, HES, SOHU, SINA, CTRP

The market had a volatile day today.  After a succssful bond sales in Europe, the US market was looking to start the day strong.  However, a surprising jump in jobless claims kept the lid on the buying.  The market suffered brief weakness in the morning, but, was able to recover in the afternoon.  Energy stocks [...]

Biotechs Lead the Market Higher: REGN, MDVN, VERTX, CELG, GILD, GS, FAS, LULU, FSLR, NOV, EOG, BIDU, SOHU, SINA, TIF, CF, AGU, MON, MOS, POT

In my Market Forecast this weekend, I highlighted the recent bulliness of the biotech sector.  During the past two days, biotechs have led the market higher.  MDVN went up +10.9% in the past two days; VRTX added +7%; CELG gained +4.5%.  GILD popped +356% today (check out the run on GILD since 12/19/2011)! Financials jumped [...]