Wow, what a crazy day, crazy week, and a crazy month!! VIX is back above 30! The turn around to the downside today was so quick, we had to close most plays on the long side and traded quickly on the downside. We were enjoying another fantasic month until this week. Gave back some gains [...]
Category Archives: AIG
Monthly Wrap: Another $$Super Month!!
September 25, 2009 – 12:47 pm
We’ve had another $$Super Month!! Here are the trades closed for the month (you can see more details from our Trade Records Page Updated (CLICK HERE)). Besides a few trades, our picks were once again mostly GR$$N. Trades with over +50% gains are highlighted: 10:32 | HappyTrading FSLR ($150.30) Sold to Close QHBJI Oct 145 [...]
Biotechs Keeps Nasdaq In The Green: SPX, Nasdaq, CELG, AMGN, INCY, OSIP, AMAG, AIG, FNM, FRE, ESI, APOL, COCO, EDU
September 21, 2009 – 8:49 pm
Last night, in my weekly Market Forecast, I mentioned that we’ll need to see some more "venting" in some of the commodity sectors. Indeed today, we saw weakness in these sectors. I also thought that coals and steels may not be done going up, although they also needed to let off more steam. After the morning [...]
Biotech Index At New All-Time Closing High! GS, HIG, PRU, AIG, CNX, BTU, ACI, MEE, DNDN, SPPI, HGSI, PDLI, INCY
September 14, 2009 – 8:21 pm
The market opened lower today, but, closed in the green, again! As I mentioned in my Market Forecast on Sunday, "[T]he market needs to let off some more steam." It did so in the morning. We continued to discussed the importance of the commodity sectors, which were mostly in the red on Monday morning. But, [...]
Another Great Week Of Trading! CTRP, LVS, AEM, AIG, FCX, VNDA, SPY, SRS
September 4, 2009 – 12:35 pm
We continue to trade very well in an volatile environment. Here are the closed trades for the week (notable trades, above +50% gain, are highlighted): September 04, 2009 12:31 | HappyTrading LVS ($15.42) Sold to Close LJJIV Sep 13 calls, at $3.00 +71% 12:25 | HappyTrading CTRP ($53.79) Sold to Close QCTIJ Sep 50 calls, [...]
Gold And Silver Plays Jump! GLD, SLV, AEM, ABX, GOLD, PAAS, SSRI, AIG, AAPL, IBM, GOOG, GS, WFC, JPM
September 2, 2009 – 3:52 pm
Last night, in my article, I said, "We should see some bounces tomorrow. But, with this sharp downward momentum, we should see a bit more selling before Friday." Indeed, the market was slightly up for most of the day, but, sank to close in the red just before the close. But, instead of chasing puts, [...]
Clever Move (Down) By The Market! SPX, Nasdaq, AIG, HIG, PRU, BAC, COF, WFC, GS
September 1, 2009 – 9:11 pm
This morning, the market traded higher as home sales and factory data were better than expected. But, within minutes after the data were released, the sell-off began. The financials led the market down and kept dropping until the close. Insurers were hammered!! AIG, which tripled in August from less than $15 to a high of [...]
August Wrap! PNC, FSLR, GOOG, HIG, WYNN, AIG
August 30, 2009 – 1:50 pm
In August, we extended our monthly winning streak to number "8". Yes, another winning month! Here are the closed trades. Notable ones are in "bold" print for over +50% gain. Besides a few minor losses, our published trades were mostly in the GR$$N. These trades were all published at real-time (you can check our Records Page [...]
Thursday Wrap-Up: AIG Leads The Market Back To Green!
August 27, 2009 – 7:24 pm
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 [...]
Market Forecast + Sector Watch: SPX, Nasdaq, XLF, XME, XLE, INX2
August 23, 2009 – 7:36 pm
Last weekend, in my Market Forecast, I wrote: "For the new week, after trying hard, but unsuccessfully, to break away from the recent resistance levels (SPX 1000; Nasdaq 2000), the market technicals are showing slight weakness. The MACD on both SPX and Nasdaq have turned lower. Nasdaq closed below its 10-day MA. SPX closed right at [...]
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