The market saw some bounces after Monday’s selloff. This market has been very volatile, whipping back-and-forth. After the market, AAPL delivered, yet, another blowout quarter, with both iPhone and iPad numbers beating the estimates! AAPL traded $40 higher after the market. The so-called "Apple Stocks" (companies that make the the components inside of iPhones and [...]
Author Archives: HappyTrading
AAPL Delivers Again! SPX, Nasdaq, AAPL, HSY, BIG, NFLX, CRUS, JNPR, BWLD, BIDU, SWKS, BRCM, QCOM, OVTI
April 24, 2012 – 3:32 pm
MarkMarket Forecast + Sector Watch: SPX, Nasdaq, XLF, XME, SOXX, BTK, CLF, BTU, WLT, AA, FCX, ALTR, SNDK, BRCM, TXN, REGN, GILD, HGSI, ILMN, ALXN, CELG, AMLN
April 22, 2012 – 9:21 pm
In my Market Forecast last week, I said, "For the new week, we may see the market take a deeper drop to start out the week. SPX has support between 1360 and 1340, while the support for Nasdaq lies between 2950 and 2900. Wednesday and Thursday are very important to the market’s development. If the [...]
Weekly Wrap-Up April 21: FFIV, PCLN, IOC, NFLX, IBM, AAPL
April 21, 2012 – 6:52 pm
It was another volatile week with a tight trading range. AAPL had $40-$50 swings 3 times during one week trading, up-and-down quickly between $570 and $620. We traded on both sides with mixed results, but, had two triple-digit gainers: FFIV calls and PCLN puts, for +122% and +121% profit, respectively. Here are the closed trades [...]
Market Roars Back! SPX, Nasdaq, AAPL, IBM, INTC, URI, ISRG, GS, C, JPM, WFC, PNC, BLK
April 17, 2012 – 3:01 pm
On Monday, the market slid a little, but found some support at SPX 1370. Today, all major sectors rallied. Techs led the charge. AAPL took a nose dive yesterday down to $580. Today, AAPL rallied right back up to close at almost $610! Both IBM and INTC were strong during the regular session. But, after [...]
Market Forecast + Sector Watch: SPX, Nasdaq, GLD, XLE, FDN, XLF, GOOG, PCLN, YHOO, EBAY, GS, BAC, MS, AXP, MA, V
April 15, 2012 – 7:47 pm
It was a volatile week that gave the market’s worse weekly performance of the year! Last week, in my Market Forecast, I wrote: "For the new week, the market is in a precarious position. If the market does not go and stay above 1400 early in the week, a test to 1390 would not be [...]
Market Ends Lower In Volatile Trading: GOOG, JPM, WFC, CMG, AAPL, MA, V, INFY, CTSH
April 13, 2012 – 4:00 pm
The market was extremely volatile this week, with sharp moves in both directions. The market fell sharply in the beginning of the week, then, proceeded with an abrupt bounce during mid-week; only to end on a weak note on Friday. We had some mixed results: 12:16 | HappyTrading AMZN ($189.30) Sold to Close 04P185 Apr [...]
Selling Pressure Finally Takes Over! SPX, Nasdaq, BAC, JPM, GS, PCLN, AAPL, CMG, NFLX, MCP, GLD, AA, WFC
April 10, 2012 – 5:49 pm
The market took a sizable drop on Monday and closed below SPX 1390, the "immediate" support level discussed in my Market Forecast this weekend. However, after the quick morning gap-down open, the market spent the rest of the day climbing. I was impressed by the market’s tenacity yesterday, but, didn’t really buy it, as I [...]
Market Forecast + Sector Watch: SPX, Nasdaq, XLF, XLE, XME, GLD, GS, C, JPM, WFC, BAC, AIG, CLF, WLT, FCX, X, AA, APA, OXY, HES, DO, SLB, RIG
April 8, 2012 – 8:02 pm
Happy Easter! Last weekend, in my Market Forecast, I wrote, "For the new week, the market may get an early test on the resistance levels again (SPX 1410 and Nasdaq 3100). Then, the market may struggle a bit to keep above those levels. On the down side, SPX has support between 1390 and 1400; for [...]
Weekly Wrap-Up April 5: FFIV, PCLN, GLD, AAPL
April 7, 2012 – 12:18 pm
Well, the market struggled to find a clear direction this week. However, there are still plenty of good trading opportunities. The market basically ended flat for the week, but, we traded on both sides and captured another nice week! We started with a +92% winner on FFIV calls that we held over the weekend. Then, [...]
Biotechs Breaking Out! SPX, Nasdaq, FFIV, CMG, MA, LULU, AAPL, PCLN, BIIB, REGN, CELG, VRTX, MDVN
April 3, 2012 – 4:56 pm
Well, things once again are moving along as discussed in my Market Forecast this weekend. On Monday, the market popped higher and pushed above the recent resistance levels. But, today, financials did not show much strength. Further, energy and mining stocks were weak again. So, the market stalled. However, high-flyers are still flying. AAPL made [...]
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_6.gif)
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