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Monthly Archives: January 2013

Stocks Ready For A Pause? + Second Month FREE Deal Is Back! SPX, Nasdaq, AMZN, QCOM, HLF, FB, GLD, SHLD, TSCO, CVLT, JDSU, CTXS, FIO

After a whole month of rally, stocks finally showed some minor signs of fatigue.  GDP came in a bit lower than expected today, but, was quickly brushed aside by the market.  The Fed really didn’t say anything new today, either.  So, the market proceeded to consolidate a bit here at SPX 1500.  Industrials were weak [...]

Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, XLF, XME, XLE, MOO, GLD, HES, COP, OXY, XOM, NOV, CAT, STLD, AKS, BTU, CAT, YHOO, FB, LNKD, AMZN, XOM, COP

Last weekend, in my Market Forecast, I said, "For the new week, more earnings are piling in…  Tuesday and Wednesday will be very important for techs, as GOOG, IBM, and AAPL report.  GOOG and AAPL options have really high premiums right now.  They might not be worth playing.  STX has already raised its guidance; this [...]

Locking In Profits! SPX, Nasdaq, AAPL, GOOG, ISRG, NFLX, TZOO, IBM, FFIV, GMCR, ROST, FB, WLP, IOC, APA, APC

Even though AAPL dragged down Nasdaq, SPX still went up above 1500 intraday, today!  In the Trading Room, I commented: January 24, 2013 8:13 AM take it easy, not sure if the market can break 1500… I also pointed out SPX 1500 as a resistance in this week’s Market Forecast.  Sure enough, SPX went to [...]

AAPL and NFLX Among Big Movers! SPX, Nasdaq, GOOG, IBM, CREE, COH, AAPL, NFLX, MLNX

The broader market crept higher today.  Energy and industrial stocks were weak.  Financials saw some profit-taking.  GOOG jumped +5.5% after yesterday’s strong report.  IBM went up +4.41% after giving upbeat forecast.  CREE vaulted a whopping +22% after reporting a net income of 18 cents vs the 14.5 cents consensus.  COH plunged more than 16% after [...]

Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, XLF, XME, XRT, GLD, COH, SHLD, KORS, ROST, CLF, WLT, WFC, JPM, MA, V, GOOG, IBM, AAPL, WDC

    (I just published my first eBook.  Click HERE to see the Book!) Last weekend, in my Market Forecast, I wrote: "For the new week, the market will be looking at a slew of earnings from the financial sector.  BK, SCHW, CTBI, FRC, GS, JPM, MTB, USB all report on Wednesday morning.  BAC, BLK, [...]

My First Book Published!

  First of all, happy MLK Day!! Just 5 years ago, when I first started blogging and created this site, social networks were just starting to pick up momentum.  Now, for many of us (more so for some than others) social networking is becoming a major part of our lives.  We keep in touch with [...]

SP 500 At Highest Level Since December 2007! GS, BLK, PNC, AAPL, PCLN, CMG, ISRG, CRM, INTC, ASML, CYMI

The markets pushed higher today, with SP500 ending at just above 1480, the highest level since December 2007.  Financials have been strong for the past couple of days.  Among the big earnings movers were GS, BLK and PNC.  GS was up more than $5 yesterday.  BLK popped $10 today; and PNC added +3.73%.  Although VIX [...]

Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, XLF, OIH, XLE, MOO, APA, APC, RIG, DO, NOV, SLB, BK, SCHW, CTBI, FRC, GS, JPM, MTB, USB, BAC, BLK, C, PNC, MS, STI, STT

The market pushed higher last week, although not by much.  Last weekend, in my Market Forecast, I wrote: "For the new week, earnings are going to start.  Things may be on the slow side until Wednesday, after AA has reported.  INFY and WFC report on Friday morning.  If things pullback, the nearest support is between [...]

Biotechs Push Higher: SPX, Nasdaq, CELG, ONXX, ALXN, CF, HLF, AAPL, MA, V, PSMT, WFC

The market has been trading flat since last week’s big 2-day rally after the "fiscal cliff" was resolved.  Nevertheless, investors are still finding plenty of stocks to buy.  Biotechs have been pushing higher and higher.  CELG is at an all-time high, trading above $92, after its CEO’s bullish guidance.  ONXX gained another +3.29% today; ALXN [...]

Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, OIH, XLF, XLE, XRT, RL, ROST, TIF, LQDT, APA, OXY, APC, IOC, MA, V, JPM, GS, DO, SLB, RIG, AA, WFC, INFY

This past week was all about passing a deal to avoid the "fiscal cliff".  In last week’s Market Forecast, I said: "For the new week, this market is still waiting to see if a deal can be made to avoid the "fiscal cliff".  While there are many analysts that think the markets may sell on [...]