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Monthly Archives: February 2013

Dow Pushes Back Above 14,000! SPX, Nadsaq, AAPL, GOOG, NFLX, V, LNKD, CF, AGU, MOS, JOY, CAT, CMI

The market has been really volatile.  On Monday, things opened higher, but, the mood quickly turned sour over uncertainties in the Italian elections.  In the last hour of trading, the market plummet.  Weakness remained on Tuesday morning and SPX went down to 1485.  But, buyers rushed back in.  Fed Chairman Bernanke’s testimony over the past [...]

Market Forecast + Sector Watch: SPX, Nasdaq, XME, HGX, GLD, XLF, XLE, APC, COG, TSO, VLO, OXY, MA, V, GDX, TOL, BZH, PPG, SHW, CLF, WLT

Happy Oscar night! Last weekend, in my Market Forecast, I said, "For the new week, the market starts the week off looking a bit tired.  Last week, the major indices closed just below the resistance levels (SPX 1520; Nasdaq 3200).  If it gets a pullback, 1510 to 1500 is the nearest support.  It’ll still need [...]

Weekly Wrap-Up 2/23/2013: NFLX, RIG, ARUN, FIRE, AVG, HPQ, BBRY

It was another volatile week.  Once again, the broader market could not find a real direction, but, went through wild swings.  On Tuesday, the market tried hard to break out and tested SPX 1530.  On Wednesday and Thursday, it reversed directions, in a big way, and sank down to test SPX 1500.  On Friday, it [...]

Markets Pull Back On Fed Minutes: SPX, Nasdaq, FAX, AAPL, GOOG, NFLX, APC, DVN, APA, WLT, SNPS, PAY, TSLA, BBRY

Yesterday, stocks pushed higher with SPX closing just above 1530.  Today, "minutes from the U.S. Federal Reserve’s most recent meeting suggested the central bank may slow or stop buying bonds sooner than expected."  With about 2 hours left in trading, big sell orders piled in!  As mentioned in my Market Forecast this weekend, financials and [...]

Market Forecast + Sector Watch: SPX, Nasdaq, XLF, GLD, XLE, MOO, MA, V, AIG, GS, APA, APC, EOG, CF, AGU, HPQ, DELL, HLF, WMT

Last week, the market really didn’t go anywhere.  It struggled to find a direction.  Big movers were mostly from earnings and/or news, as I mentioned in the weekly wrap-up.  On Wednesday, SPX pushed higher to test 1525, but, retreated immediately.  On Friday, the market looked weak and showed signs of fatigue once again.  Energy and [...]

Weekly Wrap-Up 2/16/2013: FSLR, SPWR, C, MNST, RAX, WFM, IOC, CF, AGU, HLF, GOOG

It’s been a volatile week.  The struggled to find a direction.  There were some big movers.  Solar stocks are drawing buyers once again.  Both SPWR and FSLR had a strong week.  We did a +115% trade on FSLR.  MNST gave us a nice intraday pop on Friday.  Here are the closed trades for the week: [...]

Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, XLF, XLE, OIH, GLD, SLV, SLB, RIG, DO, IOC, EOG, APC, TSO, VLO, KORS, FOSL, VFC, CSCO, CLF

Happy Chinese New Year!! Last weekend, in my Market Forecast, I wrote: "For the new week, the market should look to extend its rally.  SPX’s next resistance is at 1520, at which point we should have to re-evaluate to see where things are at.  More earnings are coming in next week…  Biotech sectors looks interesting [...]

Things Are Getting A Bit Shaky! SPX, Nasdaq, APC, AAPL, AMZN, SPDA, FSLR, CLF, WLT, X

On Monday, the market took a quick drop. But, it managed to recovered everything on Tuesday. Today, stocks struggled to find a direction. We closed many trades so far this week. No "huge" gains, but, mostly on the plus side. When the market swings back-and-forth like it had these past few days, it’s better to [...]

Market Forecast + Sector Watch: SPX, Nasdaq, BTK, GLD, XME, XLE, BIIB, CELG, VVUS, SRPT, ONXX, APC, DO, BP, AAPL, NFLX, AMZN

Last weekend, in my Market Forecast, I wrote, "For the new week, more earnings are coming in, but, some sectors are looking a bit toppy…  Right off the bat, we get some pretty important earnings on Monday:  CAT, BMC, VMW, and YHOO.  If the market keeps climbing higher, if SPX 1500 is cleared, the next [...]

January 2013 Monthly Wrap-Up: GOOG, GLD, GMCR, ROST, FFIV, AAPL, CF, AAPL

Well, the market just wrapped up its best January in more than a decade!  The market managed to push higher on solid economic data, even though the GDP came in slightly lower than expected.  The Dow closed just above 14,000 on Friday and looks ready to challenge its all-time high, 14,198.1, soon.  Nevertheless, many stocks [...]