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Monthly Archives: February 2014

Markets Consolidate: SPX, Nasdaq, AAPL, FSLR, VLO, PSX, MPC, TSO, SINA, BIDU, SOHU, NTES

After setting a new all-time high on Monday, stocks seem to be consolidating, as we discussed in my Market Forecast this weekend.  Even though SPX set a new all-time high on Monday, it still can’t seem to break beyond 1850. AAPL has been very weak.  FSLR was down more than 9% after reporting a disappointing [...]

Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, GLD, FDN, TAN, FAS, GS, WFC, JPM, BLK, STI, PNC, FSLR, CSIQ, SPWR, JKS, PCLN, GOOG, YELP, FB

Last weekend, in my Market Forecast, I wrote: "For the new week, I would still be cautious.  It has been a V-shaped reversal.  Things don’t normally come back up this fast!  Things tend to fall faster than they rise.  SPX is basically testing its all-time high.  Nasdaq has completely regained its recent altitude.  One thing [...]

Buyers Keep Markets From Falling: TSLA, FB, AAPL, PCLN, CF, BIIB, UTHR, INCY, BMRN, ACT

After a quick day of pullback, the markets bounced higher again today.  It appeared as if some profit-taking was about to happen.  But, buyers drove stocks back up again!  TSLA popped +8.43% after reporting a strong quarter and giving a bullish forecast.  FB traded lower initially after anouncing a $19 billion deal to buy Whatsapp, [...]

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, SOXX, FAS, XLE, BRCM, ADI, ALTR, XLNX, LSCC, WFC, JPM, GS, BAC, MA, V, PNC, EOG, OXY, SLB, APC

Happy President’s Day!   Last weekend, in my Market Forecast, we discussed, "For the new week, I think we may see some consolidation around 1800.  Things are likely to be range-bound.  On Tuesday, we’ll hear Yellen in front of Congress.  Wednesday after, we’ll get earnings from CSCO.  On the upside, SPX has resistance between 1800 [...]

Weekly Wrap-Up 2/14/2014: AAPL, GOOG, CTRP, EXPE, TRIP, PCLN, YELP, FB, GLD, XLNX, BRCM, ALTR, ADI

Stocks continued to bounce higher.  High-flyers such as GOOG, NFLX, and PCLN made new all-time highs!  Online travel stocks were on fire after strong earnings from TRIP, EXPE, and CTRP!  YELP and FB also made new all-time highs.  Gold bounced and had one of its strongest weeks in a long time, ending the week trading [...]

Weekly Wrap-Up + Jan 2014 Monthly Wrap-Up: GMCR, LVS, DDD, BIDU, GLD, LNKD, LLY, SODA, CF, YOKU, ILMN, BIDU

We had another fantastic week of trading, capturing a big win on DDD puts, +335% profit!  GMCR gave us an overnight +143% gain; and, LVS provided a quick double at +96% profit: 09:45 | HappyTrading CAT ($94.60) Sold to Close 02C92.5 Feb 93 calls, at $2.72 +13% 09:13 | HappyTrading GMCR ($110.10) Sold to Close [...]

Big Moves on Earnings! SPX, Nasdaq, DDD, TWTR, YELP, GMCR, SFLY, LVS, WYNN, LNKD, EOG

The market has been very volatile.  This has rendered some huge moves on earnings!  Downside trading has been even more pronounced as the investors rushed to lock in profits from 2013.  Yesterday, DDD was down as much as 28% after slashing its profit estimate!  We were there to capture a +335% gain on DDD puts: [...]