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Monthly Archives: July 2013

Earnings Wrap-Up 7/30/2013: CF, AGU, POT, MOS, DDD, COH, CVLT, CMI, OXY, AMGN, QCOR, RVBD, SYMC, AAPL

This morning, Russia’s Uralkali Group, the world’s largest fertilizer producer, announced that it will end its joint venture with Belarusian Potash Co and added that prices of potash should fall significantly.  The news stunned the agriculture investors and sent the stocks tumbling.  POT and MOS fell the most, 16.54% and 17.28%, respectively.  CF, which popped [...]

Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, XME, XLE, XRT, BTK, CLF, BTU, WLT, ATI, PSX, VLO, TSO, MPC, IOC, CELG, BIIB, GILD, ONXX, RL, KORS

It’s been another range-bound week.  The market just can’t seem to break above 1700.  In my Market Forecast last weekend, I wrote: "The market is gliding up while consolidating.  If we do see SPX poke above 1700, we might see some quick profit-taking.  Interestingly, many leader stocks are starting to look toppy.  However, sectors like [...]

Some Strong Earnings From Techs! SPX, Nasdaq, AAPL, BRCM, ILMN, BIDU, FFIV, CTXS, QCOM, FB, GLD

So far this week, the broader market really hasn’t gone anywhere.  But, it has been all about earnings.  AAPL popped $21.52, or +5.14%, today after reporting stronger-than-expected quarterly numbers.  On the other hand, BRCM shed more than 15% after missing its estimates.  ILMN soared +10.57% after reporting its strong quarter!  Besides the earnings, gold popped [...]

Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, XME, XLF, XLE, GLD, CNX, OXY, GS, APA, JPM, XLF, NOV, AEM, V, WFC, FCX, BTU, SLB, APC

Stocks enjoyed another up week, pushing the Dow to new all-time highs.  Last weekend, in my Market Forecast, I wrote: "This market is just breaking out, which means big players are betting on good earnings numbers.  I think SPX is heading to 1700 before any resistance.  There maybe some light profit-taking, but, buyers will be [...]

Markets Take a Stall Despite Good Earnings Numbers: SPX, Nasdaq, TSLA, IBM, SNDK, YHOO, JPM, WFC, C, GS, BAC, XLNX, EBAY, INTC

Markets have been consolidating during the past couple of trading sessions.  After last week’s huge rise, buyers seem to be on a break.  Financials have reported strong quarters, including JPM, WFC, C, GS, and BAC.  Yesterday, YHOO reported earnings numbers that missed the estimates, however, bullish view remained and YHOO stock popped more than +10%.  [...]

Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, XLF, SOXX, XLE, MOO, CF, POT, AGU, MOS, MON, GS, C, PNC, BAC, ASML, INTC, XLNX, APC, NE, SLB

What a week for the markets!?!  After Fed Chairman Bernanke’s dovish comments on Wednesday, buyers rushed in and drove stocks back up to all-time highs!  I was a bit more cautious in my forecast last weekend, "For the new week, with Asian markets trading lower overnight, we might see things a bit shaky to start [...]

Market Forecast + Sector Watch: SPX, Nasdaq, XRT, XLE, XLF, XME, CLF, BTU, WLT, AA, MA, V, PNC, WFC, GS, APA, APC, NOV, PSX, MPC, VLO, TSO, ROST, RL, KORS

Well, third quarter has started, and the first week of July ended on a positive note.  Last weekend, in my Market Forecast, I wrote: "For the new week, the market starts at a very "touchy" place.  Monday’s close could be very important.  Above 1620, the market could stabilize a bit.  Below 1600, we could see [...]

Happy 4th of July! June 2013 Monthly Wrap-Up: DDD, SPY, CELG, GLD, AAPL, MON, GOOG, FAS, VIX

Happy 4th of July!  The markets started out the new month consolidating, after a quick sell-off at the end of June.  We’ve had a nice month of trading, catching nice trades on both sides.  June has been a volatile month.  We started trading puts, locking in big gains on DDD, SPY, and CELG puts, with [...]