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Monthly Archives: May 2013

Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, GLD, XME, IGV, BTK, CRM, SAP, RHT, CELG, AMGN, BIIB, ONXX, WLT, CLF

Happy Memorial Day!  Hope you’ve had a nice, restful, long weekend! Last weekend, in my Market Forecast, I said: "For the new week, can the markets keep moving higher without a break?  Financials are testing a key resistance.  Energy stocks seem to be breaking out higher.  Metals are still lagging.  Retail stocks continued to show [...]

Stocks Rally Back to Erase Morning Loss! HPQ, VIX, PCLN, GLD, CRUS, APC, MPC, TSO, WDC, STX, MRVL

Last night, Asian markets took huge drops after manufacturing data from China came out weaker than expected.  Japan’s Nikkei tumbled more than 7%!  This morning, SPX gapped down 20 points at open, but, buyers came in after about an hour into the trading.  There were some big swings!  For instance, PCLN traded as low as $784 [...]

Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, FDN, IGV, SOXX, XLE, MPC, TSO, IOC, VLO, PSX, APC, APA, NOV, ASML, BRCM, XLNX, INTC, CRM, RHT, VMW, GOOG, PCLN, FB, YHOO, EBAY

It was another winning week for the markets. Stocks pushed higher once again! Last weekend, in my Market Forecast, I wrote: "For the new week, I think the markets need to consolidate a bit here. If not, it’ll need to go on a parabolic rise. Energy stocks were weak on Friday as the dollar pushed [...]

Time for Some Consolidation! TSLA, GOOG, SODA, DDD, SSYS, MA, GS, AIG, PCLN, ESI, APOL, COCO, DV

Stocks popped for a new leg up today, pushing SPX to close above 1650! Financials led the rally: GS +3.27%; MA +2.49%; AIG +3.23%. Recent high flyers include TSLA, which went from $55-and-change to today’s high of $97.12 in just 4 trading sessions! GOOG has also been ramping up non-stop, almost hitting $890 today. 3D-printing [...]

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, FDN, XLE, XME, GOOG, PCLN, CRM, EQIX, TSO, HES, MPC, WLT, CLF, CMI, JOY

Last weekend, in my Market Forecast, I wrote: "For the new week, we should see the markets glide higher. I wonder if we could see the type of rise that Nasdaq had in 2000. Both SPX and the Dow are in uncharted territory. So, we’ll have to watch the levels in the next couple of [...]

Weekly Wrap-Up 5/12/13: SWKS, FFIV, CF, GOOG, SOHU, SINA, APC, SLB, FB, PCLN, EXPE

Happy Mother’s Day! The markets continued to plow higher. The Dow pushed through 15,000 and SPX closed above 1630. Nasdaq broke out above 3400. We also had a great week. SWKS calls gave us a +57% gain; we’ve held on to this since earnings. SOHU calls turned in a +163 profit. SOHU continued to push [...]

The Dow Closes Above 15,000! FDX, WFM, CMG, EOG, SLB, APA, RL, LQDT, KORS, URBN, VCLK, APC, GS, C

The markets pushed higher today, sending SPX to a new all-time high, 1525.96, and the Dow to 15056.2 for the close. Nasdaq also gained +3.66 points. Energy stocks were strong today. EOG reported a strong quarter last night, beating the estimates. Its shares rallied almost +10% today. APA and SLB also went slightly up. Retail [...]


Last weekend, in my Market Forecast, I wrote: "For the new week, although SPX did climb back above 1580, we’ll have to see if the market can continue on its bullish trend. It seems to be testing 1580 right now. On Wednesday, we’ll get the latest rate decision. We may see a slow start to [...]

Markets at New All-time Highs! Weekly Wrap-Up May 5, 2013: AAPL, GOOG, FB, APC, FDX, SAP, RAX, WDC, STX

Wow, the markets had a big day on Friday! SPX popped above 1600, for the first time ever, and almost hit 1620 intraday, and closed at 1614.42. The Dow tested 15,000, but, couldn’t hold and closed just below. Nasdaq had a strong breakout, testing 3380. More money seems to be funneling into the markets. Earnings [...]

April 2013 Monthly Wrap-Up: AAPL, PNC, BA, CTXS, PCLN, JOY, HLF, SODA, AMZN

The market has been up every month since the beginning of this year! Every time the market pulled back, big buyer came in and drove the market even higher! This month was no exception. Two weeks ago, stocks took a breather and experienced some profit-taking. But, another week later, we were looking at new highs [...]