After testing SPX 1350 for about 2 weeks, the market pushed above 1360 yesterday, getting to a intraday high of 1367.76. But, today, the market struggled to find a direction. Still, dip-buyers kept buying the dips. This market would not succumb to the temptation of profit-taking. Techs and financials were weak today. CYMI was down [...]
Author Archives: HappyTrading
Market Hangs On! SPX, Nasdaq, MA, V, GS, C, NFLX, DELL, HPQ, ADI, CYMI, FNSR
February 22, 2012 – 8:56 pm
Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, GLD, XME, XLE, SOXX, BRCM, ASML, ALTR, XLNX, DELL, HPQ, WLT, CLF
February 20, 2012 – 8:34 pm
Happy President’s Day! Last weekend, in my Market Forecast, I said, "For the new week, it does not look like the market will fall too much further. SPX 1330 could now be the support. Nasdaq stayed above 2900 and 2860 has support. To get a next leg up, SPX will need to break 1360. However, [...]
Market Rests On Love Day! SPX, Nasdaq, PCLN, ISRG, AAPL, CLF, WLT, ATI, BTU, FCX, MET, ZNGA
February 14, 2012 – 5:21 pm
Happy Valentine’s Day! As disussed in my Market Forecast this weekend, the market has been treading water, trading in a tight range. The broader market was weak for most of the day, but rallied back in the last 30 minutes. Still, some high-flyers just kept on flying higher: PCLN recorded a new all-time high at [...]
Weekly Wrap-Up + Market Forecast + Sector Watch: SPX, Nasdaq, GLD, XME, MOO, SOXX, CLF, BTU, ANR, PCX, CF, AGU, POT, MOS
February 12, 2012 – 8:57 pm
Last weekend, in my Market Forecast, we discussed, "For the new week, the market should push higher to test SPX 1350, which is not really far away. Europe is still fighting to get a deal done prevent Greece from going into default. I think regardless of how things go for Greece, even if a deal [...]
Apple (AAPL) To The Moon! SPX, Nasdaq, BWLD, AKAM, AAPL, XOM, DMND, MA, V, TLEO, NUAN, TRLG, LNKD, ZOLT, FSLR, SPWR, TSL
February 9, 2012 – 5:58 pm
During these past couple of days, the market kept seeing light profit-taking in the morning, but, dip-buyers kept on driving the market back up in the afternoon. AAPL has been the big story this week, making new highs every day. It went as high as $496.75 today and closed at $493.17. $500 is seemingly unavoidable! [...]
CSTR +241% Overnight Gain! CSTR, FFIV, AAPL, BVSN, IDCC, APC, CERN, VCLK, PNRA, GMCR, CSTR, PCLN
February 7, 2012 – 6:01 pm
The market has basically been flat for the past couple of days, consolidating in a tight range. Still, there were many big movers driven by earnings or other news. We picked a couple of big plays. One was CSTR. Yesterday morning, CSTR announced that it chalked up an agreement with VZ to provide streaming video. [...]
Market Forecast + Sector Watch: SPX, Nasdaq, SLV, MOO, XLE, XME, APA, OXY, EOG, NOV, RIO, BHP, BTU, PCX, ANR, CLF, AGU, CF, POT, MON, MOS, GLD
February 5, 2012 – 9:15 pm
Last weekend, in my Market Forecast, I discussed, "For the new week, the market will be watching the Euro Summit with a special eye on the Greek debt deal. In addition, more earnings will pile in this week. To break higher, SPX will need to push above 1320. The market has been pushing higher since [...]
Weekly Wrap-Up 2/3/2012: +229% GMCR, +85% BIDU, +109% NFLX, GS, AAPL
February 5, 2012 – 9:46 am
It was another strong week for the markets, and, we produced another week of "happy" and "ecstatic" trades, including a +229% profit on GMCR, an overight +85% win on BIDU, and an overnight +109% gain on NFLX! Here are the closed trades: 11:05 | HappyTrading FFIV ($124.65) Sold to Close 0210C125 Feb 125 calls, at [...]
More Big Winners As Market Takes Another Pause: SPX, Nasdaq, SINA, GMCR, AMZN, WHR, MDVN, VRTX, MA, V, CME, ICE, ZNGA, LNKD
February 2, 2012 – 10:02 pm
There have been many big movers in the market during these past couple of days. The market pushed higher on Wednesday, as the Euro Summit helped calm nervous investors and better payroll data from US pushed more buyers back in. Facebook’s IPO has been a driver for internet stocks. SINA gained more than $5 in [...]
January 2012 Monthly Wrap-Up: AAPL, NFLX, RVBD, FAS, GS, MA, BIIB, UPS, PPO, AMZN, BRCM, NFLX
January 31, 2012 – 2:51 pm
It’s been an exciting month to begin 2012, Year of the Dragon! This has been the best January for the US stock market for more than 10 years! We rode along with the market and also had an excellent month. With as many trades as I publish, most of the trades in January were profittable: [...]
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