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Category Archives: AAPL

Market Mixed After Fed Holds Rates Unchanged: SPX, Nasdaq, AMZN, AAPL, GOOG, RIMM, ADBE

As mentioned in my Market Forecast this weekend, "the market may be hesitant ahead of the FOMC meeting on Tuesday."  The market was directionless before the Fed’s decision was announced.  After the Fed announced holding interest rates unchanged and its plan to provide further help if needed, the market still was not able to act [...]

Market Still Consolidating: SPX, Nasdaq, FDX, RIMM, ORCL, GME, AAPL, AMZN, GLD

On Tuesday, in my evening article, I said, "We’ll need to see some strength in the energy and mining stocks to push higher.  Otherwise, we may need to take a breather and consolidate." In the past 2 days, energy and mining stocks were still lacking strength, and the broader market still appeared to be consolidating.  [...]

Market Forecast + Sector Watch: SPX, Nasdaq, XLE, XME, OIH, INX2, RIG, DO, NOV, APC, BP, AMZN, PCLN, AAPL, GOOG, HPQ, MFE, ARST, FCX, APA, OXY, HES

Last weekend, in my Market Forecast, I wrote, "For the new week, the market may need a bit of consolidation.  Both SPX and Nasdaq are showing bullish crossovers in their respective MACDs.  VIX closed below 22, a level which had been a solid support since May.  Wednesday has some economic data that may help to [...]

9/3/10 Weekly Wrap: CLF, FSLR, AKAM, AAPL, GLD

Happy Labor Day Weekend!!   The market experienced a nice change in the sentiment this week, pretty much in accordance with my forecast, which we’ll review tomorrow.  Tuesday’s weekness gave the market a quick headfake.  Nevertheless, we had another very nice week, with only 1 trade in the red.  We used puts on V as a [...]

Market Jumps On Better Manufactoring Data: SPX, Nasdaq, CLF, WLT, JOYG, BUCY, AAPL, AMZN, NFLX, GOOG, AKAM

The market bolted out of the gate today and never looked back.  Last night, China reported a better-than-expected PMI number.  Today, our ISM Index also showed better-than-expected manufacturing activity.  As discussed in my Market Forecast this weekend, we paid extra attention to the mining sector.  Our trade in CLF turned an overnight profit of +60% [...]

Market Ended Mixed In Volatile Trading: BRCM, SNDK, MRVL, CLF, WLT, ANR, NFLX, AMZN, GOOG, AAPL

The market was weak at the open, but, managed to bounce back.  However, immediately after the Fed minutes were released, the market suffered a quick drop.  It paddled back up in the last hour to closed flat, flat and mixed.  Techs were on the weak side with semiconductors getting hammered; mining stocks, on the other [...]

Market Bounces After 4 Days of Selling: SPX, Nasdaq, GOOG, AAPL, RIMM, AMZN, AKAM, PCP, MLM, GLD, SLV, PAAS, GOLD, ABX, NEM, TLT

This morning, after more lousy housing and durable goods data, the market sank lower.  We took the opportunity to lock in our profits on the downside plays: August 25, 2010 10:56 | HappyTrading MLM ($72.30) Sold to Close 09P75 Sep 75 puts, at $4.30 +62% 07:34 | HappyTrading PCP ($111.70) Sold to Close 09P115 Sep [...]

Market Slumps On Renewed Economic Worries: SPX, Nasdaq, CSCO, CREE, VECO, AAPL, GS, WLT, CLF, FCX, ATI, RTI, X

As further economic data showed slowing in the global economy, the US stock market took a sharp fall today.  Miners led the market lower:  WLT -5.21%, CLF -5.03%, FCX -4.33%, X -5.19%, ATI -7.58%, RTI -6.87%.  Market leaders such as GS and AAPL also took big falls.  GS dropped 3.02%, closing below $150.  AAPL lost 3.55%, [...]

Market Dips As Bernanke Speaks: SPX, Nasdaq, MS, WFC, FCX, AAPL, EBAY, FFIV, QCOM, BIDU, NFLX, ISRG, SBUX, CMG, NUE

The market started off strongly on strong earnings from MS, WFC, and FCX.  MS ended the day up +6.26% at $26.8; it traded as high as $27.89.  WFC closed only slightly higher, but, did trade up to $27.6.  FCX traded above $68 before closing at $66.06, up +2.71%. However, as Bernanke started to give his [...]

Market Brushes Aside Earnings From IBM And TXN: SPX, Nasdaq, IBM, TXN, AAPL, CRUS, SNDK, BRCM, VMW, CLF, BTU, STLD, WLT, FCX, X, WFC, NFLX, FFIV, QCOM, SBUX

Yesterday, the market eked out a small gain, ahead of IBM and TXN’s earnings.  Then, both IBM and TXN disappointed investors with their quarterly reports.  Today, the market open gapped down, but, started to bounce almost immediately.  Both BTU and STLD delivered solid earnings and commodity sectors soon bounced strongly.  Miners did especially well:  CLF [...]