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Monthly Archives: April 2012

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, FDN, BTK, GLD, GS, GOOG, PCLN, EXPE, ARBA, AMZN, SOHU, REGN, MDVN, VRTX, BIIB, GILD, AMGN

Last weekend, in my Market Forecast, I wrote: "For the new week, we may get a slow start.  AAPL’s earnings on Tuesday after market could be one of the deciding events this week.  If the market were to turn higher, we’ll need to see the financials and/or the semiconductors rally.  Financials along could do the [...]

April 2012 Monthly Wrap-Up: AMGN, SWKS, SLB, FFIV, AAPL, GLD, PCLN

April started out well, but, had to go through some volatility.  But, the market held up and is ending the month on a stronger note.  We also had our ups-and-downs this month.  Most of the trades during the past two weeks were volatile and did not produce much positive results, although they did add quite [...]

Amazon (AMZN) Rivals AAPL Earnings With Its Own Blowout! SPX, Nasdaq, REGN, CRUS, EQIX, AMZN, EXPE, PCLN, SWKS, WDC, FIO, DECK

Strong earnings continued to keep the market afloat.  The market has been on a 2-day run after AAPL’s blowout earnings on Tuesday after the market.  Last night, CRUS reported a strong quarter, sending its shares up +18.62% today.  EQIX shares were also on fire, up +13.25%, after another outstanding quarter.  REGN jumped +9%, reporting first-ever [...]

AAPL Delivers Again! SPX, Nasdaq, AAPL, HSY, BIG, NFLX, CRUS, JNPR, BWLD, BIDU, SWKS, BRCM, QCOM, OVTI

The market saw some bounces after Monday’s selloff.  This market has been very volatile, whipping back-and-forth.  After the market, AAPL delivered, yet, another blowout quarter, with both iPhone and iPad numbers beating the estimates!  AAPL traded $40 higher after the market.  The so-called "Apple Stocks" (companies that make the the components inside of iPhones and [...]

MarkMarket Forecast + Sector Watch: SPX, Nasdaq, XLF, XME, SOXX, BTK, CLF, BTU, WLT, AA, FCX, ALTR, SNDK, BRCM, TXN, REGN, GILD, HGSI, ILMN, ALXN, CELG, AMLN

In my Market Forecast last week, I said, "For the new week, we may see the market take a deeper drop to start out the week.  SPX has support between 1360 and 1340, while the support for Nasdaq lies between 2950 and 2900.  Wednesday and Thursday are very important to the market’s development.  If the [...]

Weekly Wrap-Up April 21: FFIV, PCLN, IOC, NFLX, IBM, AAPL

It was another volatile week with a tight trading range.  AAPL had $40-$50 swings 3 times during one week trading, up-and-down quickly between $570 and $620.  We traded on both sides with mixed results, but, had two triple-digit gainers:  FFIV calls and PCLN puts, for +122% and +121% profit, respectively.  Here are the closed trades [...]

Market Roars Back! SPX, Nasdaq, AAPL, IBM, INTC, URI, ISRG, GS, C, JPM, WFC, PNC, BLK

On Monday, the market slid a little, but found some support at SPX 1370.  Today, all major sectors rallied.  Techs led the charge.  AAPL took a nose dive yesterday down to $580.  Today, AAPL rallied right back up to close at almost $610!  Both IBM and INTC were strong during the regular session.   But, after [...]

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, XLE, FDN, XLF, GOOG, PCLN, YHOO, EBAY, GS, BAC, MS, AXP, MA, V

It was a volatile week that gave the market’s worse weekly performance of the year!  Last week, in my Market Forecast, I wrote: "For the new week, the market is in a precarious position.  If the market does not go and stay above 1400 early in the week, a test to 1390 would not be [...]

Market Ends Lower In Volatile Trading: GOOG, JPM, WFC, CMG, AAPL, MA, V, INFY, CTSH

The market was extremely volatile this week, with sharp moves in both directions.  The market fell sharply in the beginning of the week, then, proceeded with an abrupt bounce during mid-week; only to end on a weak note on Friday.  We had some mixed results: 12:16 | HappyTrading AMZN ($189.30) Sold to Close 04P185 Apr [...]

Selling Pressure Finally Takes Over! SPX, Nasdaq, BAC, JPM, GS, PCLN, AAPL, CMG, NFLX, MCP, GLD, AA, WFC

The market took a sizable drop on Monday and closed below SPX 1390, the "immediate" support level discussed in my Market Forecast this weekend.  However, after the quick morning gap-down open, the market spent the rest of the day climbing.  I was impressed by the market’s tenacity yesterday, but, didn’t really buy it, as I [...]