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Monthly Archives: May 2014

Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, PCLN, GOOG, NFLX, YELP, FB, GS, WFC, MA, V, CRM, RHT, CTXS, KORS, LULU, RL

Happy Memorial Day! The market has been range-bound and volatile.  In times like these, I find that the best thing to do is to just sit back and hold cash.  A quick look at the charts, it is not difficult to see just how volatile the market has been: SPX Since March, SPX has been [...]

A Quick Pullback After the Recent New Highs! SPX, Nasdaq, CSCO, CF, AGU, MON, GS, WFC, JPM

Stocks made new highs earlier this week, with SPX going above 1,900 and the Dow soaring to 16,735!  But, yesterday, the mood changed again!  SPX managed to close above 1870, while the Dow fell 167 points.  Even with CSCO reporting a strong quarter and adding over +6%, Nasdaq fell more than 31 points! Things have [...]

Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, XLE, GLD, MOO, FAS, JPM, SG, WFC, CF, AGU, MON, EOG, APC, SLB, APA, NOV

The market was volatile again, oscillating in a tight range.  Last weekend, in my Market Forecast, I wrote: "For the new week, earnings are still trickling in, and, it looks like markets are consolidating.  I think we’ll see a stock-picking environment." In a volatile, but, range-bound environment, it is best to just lay back and [...]

Internet Stocks Plunge Again! GOOG, PCLN, NFLX, TWTR, FB, YELP, OPEN, CTRP, NTES, BIDU, VIPS, XLE, EOG, APC, SLB, NOV, OXY, APA

It looks like fund managers are doing some hefty shifting!  Biotech stocks, in the past couple of months, have gone from making new highs to having sharp pull-backs.  Although the pull-backs started a little later for the internet stocks, they seem to have been moved to the "dump list" as well!  A few days of [...]

April Monthly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, TXN, INTC, ALTR, XLNX, GS, WFC, BLK, PNC, MA, GOOG, PCLN, NFLX, OPEN, YELP, FB, GOLD, RGLD, GLD

April was quite volatile.  The month started with fresh new all-time highs with SPX topping 1890.  But, what followed was a quick dive all the way down to be 1820!  Then, as if a switch was flipped, buyers came back and drove SPX quickly back to above 1880.  The month ended with even more volatile [...]