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Monthly Archives: October 2012

Big Movers Oct 31, 2012: WRC, PVH, OPNT, RVBD, CVLT, JDAS, NFLX, GM, F, APC, EOG, YNDX

Although the market was relatively quiet today, after having 2 days off due to Sandy, there were some big risers today.  Here they are: NFLX popped as high as $84.95 today on the news that Icahn took a 10% stake in the company.  We took a quick +44% trade in just 9 minutes: October 31, [...]

Weekly Wrap-Up + Market Forecast + Sector Watch: GLD, XLF, XME, MOO, GLD, XLF, XME, MOO, AGU, CF, POT, MOS, BTU, ACI, CLF, FCX, GS, WFC, MA, V, AUY, RGLD

It was a very volatile week with a big fall on Tuesday.  Last weekend, in my Market Forecast, I wrote: "For the new week, more earnings will come in, but, this week, the market will start from a more bearish stance… Last week’s early gains offset Friday’s sharp fall.  SPX’s first support is still at [...]

Holding Cash! SPX, Nasdaq, AAPL, AMZN, VAR, DECK, VRSN, CERN, GLD

After a big plunge on Tuesday, the market has been trading sideways.  Movements were erratic, partially dictated by earnings.  Stocks tried to bounce a bit today, but, caution was still obvious ahead of AAPL and AMZN earnings.  After the market, both AAPL and AMZN reported earnings that missed the estimates.  But, neither stock changed much.  [...]

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, XRT, XME, BTK, CLF, BTU, CNX, COH, AMZN, DECK, AAPL, GS, BAC, JPM, WFC, PNC, STI, AMAG, BIIB, CELG, VPHM

The market took a sharp fall on Friday, after GOOG’s earnings further pressured the selling in techs.  In my Market Forecast last weekend, I said, "For the new week, a bulk of earnings will come in…  The market tone has turned bearish after the first week of earnings.  If the downward momentum picks up, the [...]

Nice Week In A Volatile Market! LULU, CF, CLF, APOL, C, AIG, GOOG, AAPL, PCLN, CMG

Yesterday (Thursday), the market pushed above 1460, and looking to break higher.  Then, "someone" published GOOG’s earnings early and torpedoed the market.  Coincidence?  Hmmm…  Suspicious to say the least!  Well, GOOG dropped immediately from a $760 open to below $690 before bouncing a little.  By the end of the day, the tone on the market [...]

Rally Ready To Break Higher! SPX, Nasdaq, APOL, ISRG, CHKP, CYMI, ASML, AAPL, CREE, CLF, AIG, C, FFIV, CRM, VMW, IBM, NFLX

The market had a pullback last week, but, bounced strongly this week.  Today, SPX closed above 1460, right back to where the pullback happened.  The story this week, however, has not all been positive; big movers were all over the place on both sides!  Well, it is the earnings season!  ISRG had a huge ($35) [...]

Weekly Wrap-Up Oct 12, 2012 + Market Forecast + Sector Watch: SPX, Nasdaq, GLD, XLF, XLE, BTK, MDVN, ALXN, REGN, ONXX, BIIB, HAL, SLB, GS, C, AXP, COF, RGLD, ABX, GOLD, NEM

Last weekend, in my Market Forecast, I wrote: "For the next week, the market starts in a neutral position with weakness in tech stocks.  Financials held up quite well.  Earnings season will start with AA and YUM reporting after the market on Tuesday, which could both give some insights into China’s economy.  COST on Wednesday [...]

Market Pulls Back On Warnings From CMI and CVX: SPX, Nasdaq, CMI, CVX, YUM, COST, WMT, TRLG, RL, LULU, ROST, AAPL, AMZN, JPM, WFC

Techs have been leading the market on this pullback, with AAPL and AMZN leading the way.  But, the broader market has been holding up… until today.  Last night, CMI reduced its full-year forecast, sending its stock down 3.36%.  Today, CVX also sang a song of similar tune, stating that its quarterly profit will be substantially [...]

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, XLE, USO, XME, GS, MA, V, WFC, C, AIG, JPM, RIG, SLB, DO, AAPL, GOOG, AMZN, AA, YUM, COST

Last weekend, in my Market Forecast, I wrote: "For the new week, if the indices fall below the daily MAs, we might see some more weakness.  SPX has support at 1430, then 1420.  Nasdaq has support at 3100, the 3075.  There should be buyers looking to come in at the support levels.  Major sectors are [...]

Weekly Wrap-Up Oct 5, 2012 + More On High Speed and Computerized-Algorithmic Trading: PCLN, NFLX, AAPL, GOOG, HPQ, IBM, CMG

It’s been a volatile week, but, the market still locked in a win to start off October.  Energy stocks remained weak as oil continued to fall.  Gold held its place and was little changed for the week.  Techs were relatively weak.  However, HPQ’s drop was offset by IBM’s rise and AAPL’s weakness was a contrast [...]