Today the market opened on the weak side. Most commodity sectors were pretty weak in the morning. However, AIG continued to push higher. Yesterday, in our Trading Room, Bagger Vance made an "buy" alert on AIG: Bagger Vance August 26, 2009 11:52 AM (PST) I’M GETTING AN AIG CALL PLAY ALERT HERE…take a look, if it’s [...]
Category Archives: ABK
Financials Rally In A Red Market Day! SPX, Nasdaq, AIG, CIT, ABK, MBI, WFC, BAC, JPM, GS, PNC, CSCO
August 5, 2009 – 5:04 pm
Finally, the market gets a down day. But, there were still plenty of winners. Financials charged up higher today. XLF (financial ETF) added +3.45%, closing above $14! SKF (financial ultrashort ETF) closed at a new low, below $30, at $29.29. AIG was the big story in the sector, jumping +62.72% on the day, up +$8.48 [...]
Market Slumps After The Election: SPX, Nasdaq, FSLR, SPWRA, TSL, STP, CSIQ, ABK, BAC, JPM, WFC, CSCO
November 5, 2008 – 6:01 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market could not sustain its winning streak today, and saw selling across the board. Yesterday, I said in my evening post,“SPX and Nasdaq are both testing their 30-day MAs. SPX closed above 1000. These are the initial resistances that we look at this weekend [...]
Review 1/23/08: SPX, Nasdaq, MBI (MBIA), ABK (Ambac Financial), WYNN (Wynn Resorts), COF (Capital One Financial), QCOM (Qualcomm)
January 23, 2008 – 6:57 pm
What a wild day! The market was down “HUGE”, with the Nasdaq down almost 90 points at one point (AAPL was down almost $30, trading at $126; and GOOG was down over $65, trading under $520.)! This weekend, in my weekly Market Forecast, I said, “For the new week, the market could look to start [...]
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