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Monthly Archives: February 2012

Dow Closes Above 13,000, As the Market Struggles Higher! SPX, Nasdaq, APOL, ESI, APKT, FFIV, LNKD, AAPL, SINA, YOKU, PCLN, SODA, CREE, LVS PANL

The market has been struggling to push higher, and yet, it has been gliding up.  Today, the Dow finally managed to close above 13,000.  No big deal, right?  Perhaps not.  There were big winners, as well as big losers today.  APOL was down more than 16% after giving weak Q1 guidance.  ESI also got knocked [...]

Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, SLV, USO, XLE, IGV, NOV, SLB, RIG, DO, RHT, ORCL, SLW, PAAS, MSFT, CRM, VMW, SLW, PAAS

Happy Oscar night! Last weekend, in my Market Forecast, I wrote: "For the new week, the market still looks healthy, although it might need a quick, little pullback.  The market has support at SPX 1340, although dip-buyers might not wait for 1340 to come in.  If the broader market can hold its altitude, we could [...]

Market Hangs On! SPX, Nasdaq, MA, V, GS, C, NFLX, DELL, HPQ, ADI, CYMI, FNSR

After testing SPX 1350 for about 2 weeks, the market pushed above 1360 yesterday, getting to a intraday high of 1367.76.  But, today, the market struggled to find a direction.  Still, dip-buyers kept buying the dips.  This market would not  succumb to the temptation of profit-taking.  Techs and financials were weak today.  CYMI was down [...]

Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, GLD, XME, XLE, SOXX, BRCM, ASML, ALTR, XLNX, DELL, HPQ, WLT, CLF

Happy President’s Day! Last weekend, in my Market Forecast, I said, "For the new week, it does not look like the market will fall too much further.  SPX 1330 could now be the support.  Nasdaq stayed above 2900 and 2860 has support.  To get a next leg up, SPX will need to break 1360.  However, [...]

Market Rests On Love Day! SPX, Nasdaq, PCLN, ISRG, AAPL, CLF, WLT, ATI, BTU, FCX, MET, ZNGA

Happy Valentine’s Day! As disussed in my Market Forecast this weekend, the market has been treading water, trading in a tight range.  The broader market was weak for most of the day, but rallied back in the last 30 minutes.  Still, some high-flyers just kept on flying higher:  PCLN recorded a new all-time high at [...]

Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, GLD, XME, MOO, SOXX, CLF, BTU, ANR, PCX, CF, AGU, POT, MOS

Last weekend, in my Market Forecast, we discussed, "For the new week, the market should push higher to test SPX 1350, which is not really far away.  Europe is still fighting to get a deal done prevent Greece from going into default.  I think regardless of how things go for Greece, even if a deal [...]

Apple (AAPL) To The Moon! SPX, Nasdaq, BWLD, AKAM, AAPL, XOM, DMND, MA, V, TLEO, NUAN, TRLG, LNKD, ZOLT, FSLR, SPWR, TSL

During these past couple of days, the market kept seeing light profit-taking in the morning, but, dip-buyers kept on driving the market back up in the afternoon.  AAPL has been the big story this week, making new highs every day.  It went as high as $496.75 today and closed at $493.17.  $500 is seemingly unavoidable!  [...]

CSTR +241% Overnight Gain! CSTR, FFIV, AAPL, BVSN, IDCC, APC, CERN, VCLK, PNRA, GMCR, CSTR, PCLN

The market has basically been flat for the past couple of days, consolidating in a tight range.  Still, there were many big movers driven by earnings or other news.  We picked a couple of big plays.  One was CSTR.  Yesterday morning, CSTR announced that it chalked up an agreement with VZ to provide streaming video.  [...]

Market Forecast + Sector Watch: SPX, Nasdaq, SLV, MOO, XLE, XME, APA, OXY, EOG, NOV, RIO, BHP, BTU, PCX, ANR, CLF, AGU, CF, POT, MON, MOS, GLD

Last weekend, in my Market Forecast, I discussed, "For the new week, the market will be watching the Euro Summit with a special eye on the Greek debt deal. In addition, more earnings will pile in this week. To break higher, SPX will need to push above 1320. The market has been pushing higher since [...]

Weekly Wrap-Up 2/3/2012: +229% GMCR, +85% BIDU, +109% NFLX, GS, AAPL

It was another strong week for the markets, and, we produced another week of "happy" and "ecstatic" trades, including a +229% profit on GMCR, an overight +85% win on BIDU, and an overnight +109% gain on NFLX!  Here are the closed trades: 11:05 | HappyTrading FFIV ($124.65) Sold to Close 0210C125 Feb 125 calls, at [...]