Skip navigation

Category Archives: AA

Market Forecast + Sector Watch: SPX, Nasdaq, XME, XLE, XLF, FXI, GOOG, HES, OXY, GS, MA, APA, NOV, V, CEO, SOHU, CAT, BTU, ACI, SLB, JOYG, SINA, AA, CLF, CTRP, WLT, HMIN, UPL, YUM, BUCY, PTR

October 3, 2010 – 8:40 pm

 Subscribe via Email (FREE) Last weekend, in my Market Forecast, I said, "For the new week, market’s immediate resistance levels are SPX 1160 and Nasdaq 2400 to 2450.  However, if the market gets all its legs running, ie. mining, energy, and financial sectors, we could see SPX test 1170 to 1180, especially if VIX breaks [...]

By HappyTrading | Also posted in BTU, CLF, GOOG, WLT | Comments (1)

Strong Earnings Push The Market Higher! SPX, Nasdaq, CSX, AA, JOYG, GOOG, RIMM, AAPL, AMZN, IBM, PCLN, FFIV, CREE, VMW, CRM

July 13, 2010 – 3:46 pm

Yesterday, after the market, both AA and CSX reported solid earnings.  However, CSX ended the day down 1.41% and AA was only up +1.2%.  Mining stocks, in general, were only up slightly.  JOYG stood out in the crowd, gaining +4.82%.  Financials and techs lead the broader market higher.  GOOG and RIMM have been popular in [...]

By HappyTrading | Also posted in AAPL, AMZN, CREE, CRM, CSX, FFIV, GOOG, IBM, JOYG, Nasdaq, PCLN, RIMM, Strong Earnings Push The Market Higher! SPX, VMW | Comments (0)

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, USO, XLF, BTK

January 10, 2010 – 10:59 pm

Last weekend, in my Market Forecast, I wrote, "For the new week, we are seeing mixed signals on the market again, which means the market needs more time to consolidate.  With the MACD turning lower, we could see another couple of days of profit-taking in various sectors.  It will be important for SPX to hold [...]

By HappyTrading | Also posted in ABX, BAC, BIIB, BTK, CELG, DO, GLD, GS, INTC, JPM, RIG, SLB, TEVA, USO, WFC, XLF, gold | Comments (0)

Financials And Techs Stay Strong! SPX, Nasdaq, GOOG, BIDU, AAPL, MA, V, GS, BAC, WFC, COF, AA

October 7, 2009 – 4:37 pm

Last night, in my article, I said that "we might see some volatility in the morning as the market fights around this pivot point."  Indeed, the market opened lower, but, quickly bounced back.  Then, it spent most of the morning and early afternoon fluctuating around the flatline.  However, it managed to closed just in the [...]

By HappyTrading | Also posted in AAPL, BAC, BIDU, COF, GOOG, GS, MA, V, WFC | Comments (0)

S&P 500 Goes Above 1000! SPX, Nasdaq, FCX, X, RTP, AA, WFC, STT, PRU, MA, V

August 3, 2009 – 5:50 pm

This morning, favorable manufacturing data, which showed signs of the economy recovering, prompted more buyers to jump into the markets.  Stocks pushed the S&P 500 index (SPX) above 1000!  Last night, in my weekly Market Forecast, I pointed out that mining stocks looked ready to break higher.  Today, the mining stocks led the rally:  FCX +8.03%, X [...]

By HappyTrading | Also posted in FCX, MA, PRU, RTP, STT, V, WFC, X | Comments (0)

Market Glides Higher, Slightly: SPX, Nasdaq, AA, FCX, X, POT, MOS, APA, GOOG

July 9, 2009 – 9:52 pm

The market opened higher on lower jobless claims.  Also, AA’s earnings from last night seemed to help the commodity sectors.  Mining stocks were stronger today.  FCX advanced +3.53% and X was up +2.92%.  AA jumped higher at the open to above $10/share, but, ended the day in the red by 23 cents.  Fertilizers, which have [...]

By HappyTrading | Also posted in APA, FCX, GOOG, MOS, POT, X | Comments (0)

Mapping Market’s Every Move! SPX, Nasdaq, ICE, CME, GOOG, AMGN, AA (Part II)

July 8, 2009 – 5:10 pm

(continued from Part I) This morning, AMGN shares jumped as it released positive "bone-drug" study results.  AMGN shares traded almost $61/share from yesterday’s close of $52.23.  AMGN closed up +13.92% at $59.5.  GOOG also unveiled more positive news on its new desktop computer operating system.  I wrote an article about GOOG’s OS in the beginning [...]

By HappyTrading | Also posted in AMGN, CME, GOOG, ICE, Nasdaq, SPX | Comments (0)

Mapping Market’s Every Move! SPX, Nasdaq, ICE, CME, GOOG, AMGN, AA (Part I)

July 8, 2009 – 5:08 pm

The market opened higher today.  But, the selling pressure was still heavy, and, the market soon sank lower.  In the Trading Room today, ICE and CME puts were still among the favorite plays (see news from yesterday): billbigd July 8, 2009 6:44 AM ICE baby ICE $3 to 13.6 Frosty Muggs July 8, 2009 6:49 [...]

By HappyTrading | Also posted in AMGN, CME, GOOG, ICE, Nasdaq, SPX | Comments (0)

Oil Falls, Financials Jump! SPX, Nasdaq, MA, MER, PRU, CELG, SVNT, BIIB, GENZ, AA

July 8, 2008 – 5:44 pm

The market started out flat, but, continued to gain strength through out the day. Oil fell again, by more than $5 today. The financials reversed their morning weakness and led the market up straight to the close. XLF jumped +6.48% and closed above $20 (the support level that we’ve been looking at). MA, which traded [...]

By HappyTrading | Also posted in BIIB, CELG, GENZ, MA, MER, Nasdaq, PRU, SPX, SVNT | Comments (0)

Review 1/9/08: SPX, Nasdaq, MOS, MOO, AA, GES

January 9, 2008 – 7:32 pm

Well, the market finally bounced! Like in the movie “Bounce”, after some terrible things (such as a crash), good things can come. This is why, sometimes, it is rewarding to just wait and hold cash, until the opportunities present themselves. The Dow closed up +146.24 points; SPX added +18.94 points; and the Nasdaq gained +34.04 [...]

By HappyTrading | Also posted in GES, MOO, MOS, Uncategorized | Comments (1)