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Author Archives: HappyTrading

Is Gold A Safe Haven Again? GLD

Stocks have been slumping since the beginning of 2016. Sellers just keep selling. Tech stocks have been dropping fast the past couple of weeks, from biotechs to internets to semiconductors to software; across the board, they have all been weak. We have been staying mostly in cash and playing the downside here and there. While [...]

World Markets Tumble, As Oil Stays Weak!

World markets tumbled again on Monday, as oil continued to fall lower. Sanctions were lifted on Iran and Iran boosted its oil output! At the same time, Saudi Arabia is not looking likely to decrease its production. Just last week, I wrote an article highlighting a call that I made in August 2015 for investors [...]

Oil Going Lower!

In August 2015, I wrote an article, titled “It’s Time to Migrate Out of Oil“. Oil is now approaching the $30 mark and USO is single-digit! Solar stocks have recent jumped. This trend will likely continue. As I said in the previous article, “Governments around the world are already making stricter policies on carbon emissions, [...]

Stocks With Near-Term Upside Potential

There are some stocks that we have not been trading for a little while, but, seem to have drawn a bottom, or are in the process of bottoming. The markets have been volatile this week, and, we have not been trading much. I want to take a look at some stocks that have upside potential [...]

Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, XRT, BTK, FAS, SOXX, BRCM, AVGO, SWKS, QRVO, AAPL, CELG, AMGN, BIIB, GILD, AMZN, BABA, PCLN

It was a volatile week, but, the markets managed to push higher. Monday and Tuesday were strong, continuing from the rally inspired by BIDU and LNKD’s earnings. However, we saw profit-taking on Tuesday afternoon that spilled into Wednesday and Thursday’s trading, ahead of Friday’s jobs report. The latest jobs numbers turned out to be really [...]

Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, XRT, BTK, FAS, FDN, GS, V, ROST, NFLX, AMZN, REGN, AGN, VRX, CELG, AIG, TSLA, CYBR, AAPL, LNKD

The market was very strong last week. A quick drop on Wednesday as an initial reaction to the Fed was quickly reversed by a sharp rally that pushed SPX to above 2090. In my Market Forecast last weekend, I talked about SPX having resistance between 2080 and 2100, “SPX has resistance from 2080 to 2100…” [...]

Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, FAS, BTK, XLE, XRT, BRCM, AAPL, BABA, UPS, TWTR, GILD, YELP, AMGN, CRUS, FFIV, EQIX, ATML, MA, ALXN, SBUX, FSLR, XOM, CVX

Markets enjoyed solid gains last week. Thanks to strong earnings from AMZN, GOOG/GOOGL, and MSFT, which inspired a rally on Friday. The market started out undecided, as stocks traded in a narrow range on Monday and Tuesday. On Wednesday, a quick drop in the afternoon shook out weak holders. Buyers returned strongly on Thursday, ahead [...]

Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, XME, BTK, XLE, FDN, AMZN, P, GOOG, GOOGL, EBAY, BIIB, GILD, CELG, AMGN, ALK, LUV, AAL, ALGT, FCX, ATI, NUE, CAT

Last week, markets managed to push higher, propelled by the strength in the semiconductors and a late rally by the financials. Semiconductors have been drawing speculators searching for the next deal, ADI and MXIM being the latest in merger talks. SNDK remains on the radar as a takeover target. Financials were sluggish to start the [...]

Time to Buy Some Gold! GLD

If you had invested in gold at the beginning of this year and did not cash out at the end of January, that investment probably had not done very well for you. But, your luck in gold could be about to change. In the past two months or so, GLD has been working hard to [...]


Markets finally had a strong week last week. Things popped higher on Monday, as SPX closed just under 1990. Tuesday and Wednesday saw some struggles with the direction as the trading range narrowed. However, Thursday’s Fed Minutes gave buyers reasons to push markets higher. Friday was a flat with small gains. SPX managed to close [...]