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Monthly Archives: April 2014

Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, GLD, FAS, SOXX, FDN, AAPL, NFLX, GS, PNC, STT, V, QCOM, BRCM, XLNX, TXN, CELG, BIIB

Last week, in my Market Forecast, I said, "For the new week, I think we’ll see some bounces to start the week.  We’ve got some tech heavyweights reporting in the coming week, including INTC, YHOO, and GOOG.  GS also reports on Thursday.  Friday is a market holiday.  I think Nasdaq 4000 is a strong support.  [...]

Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, GLD, FAS, MOO, FDN, CRM, FAS, TSLA, AMGN, CELG, GS, JPM, WFC, C, AIG, CF, MON, AGU, GOOG, PCLN, AMZN, LNKD, YELP

Tech stocks fell hard again last week, sending Nasdaq back to just below the 4,000 mark.  Broader market also succumbed to the selling pressure.  In my Market Forecast last week, I wrote: "For the new week, I think the momentum has shifted to the downside.  Nasdaq is now testing an important support at between 4140 [...]

Markets Bounce After Fed Minutes: PCLN, BIDU, NTES, FSLR, WYNN, QIHU, VIPS, GS, CELG, AMGN, CELG, BIIB, AA, JOY, CMI

After hitting below 1840 on the SPX on Tuesday morning, buyers started to trickle in.  Today, after the Fed minutes indicated that it would be cautious towards raising interest rates, stocks bounced.  Given that techs have been tumbling, buyers piled in on internet and biotech stocks.  PCLN popped $47!  CELG jumped more than $9.  BIIB [...]

Market Forecast + Sector Watch: SPX, Nasdaq, XME, FAS, GLD, BTK, WLT, BTU, CLF, JPM, WFC, MA, V, BIIB, ALXN, PCYC, REGN, GILD, BMRN, CELG

Markets tried to bounce last week.  But, in the end, selling momentum took stocks back down.  Techs were especially weak, again! Last weekend in my Market Forecast, I wrote: "For the new week, we should see some more consolidation.  SPX 1850 will be very important to watch.  Resistance should be heavy here.  It’s hard to [...]

March 2014 Monthly Wrap-up: FSLR, WYNN, GLD, SFUN, GS

March was a really volatile month. Things certainly turned bearish fast. Techs were weak, but, the broader market tried its best to hold up. SPX even made a new all-time just this past week! We traded in on both sides and found profitable trades on both sides. SFUN calls were a quick double. WYNN puts [...]