The market opened lower today, but, the weakness lasted no more than 15 minutes. Buyers came in and picked up stocks on the dip. Oil gapped lower at the open and most commodity sectors opened in the red. However, crude ended the day in the green, above $80/barrel! Biotechs continued to plow higher as BTK [...]
Category Archives: AMAG
Market Ends Higher On Reversal: SPX, Nasdaq, GOOG, BIDU, VPHM, INCY, AMAG, FRX, DNDN, TEVA, LVS, WYNN, WMS, MGM
March 22, 2010 – 8:38 pm
Market Forecast + Sector Watch: SPX, Nasdaq, XME, XLF, SOXX, GLD
November 8, 2009 – 8:49 pm
Last weekend, in my Market Forecast, I said, "For the new week, it looks like the market is trying to send the Fed a message before the FOMC meeting on Wednesday. What the market is trying to show is the potential "double-dip" if the Fed pulls out liquidity measures too soon. On Friday, the market will get the latest unemployment rate [...]
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 [...]
Broad-Based Rally Pushes Market Higher: SPX, Nasdaq, CELG, OSIP, AMGN, AMAG, LLY, POT, MOS, CF, PALM
June 25, 2009 – 4:58 pm
The market was strong right from the start, and continued the upward momentum until the close. Strength was present across the board. The biotech sector broke out of its recent range today (mentioned in the Sector Watch this weekend): CELG +2%, OSIP +5.32%, AMGN +1.78%, AMAG +3.58%, LLY +5.12%. After the market, PALM reported better-than-expected earnings [...]
Energy And Biotech Stocks Advance! SPX, Nasdaq, AMAG, BIIB, GENZ, OXY, HES, RIG
January 13, 2009 – 9:38 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market overcame afternoon weakness to close slightly higher. Energy and biotech stocks were strong: AMAG +3.21%; BIIB +2.44%; GENZ +2.23%; OXY +3.57%; HES +3.39%; RIG +2.93%. Financial stocks also bounced. This morning, I said in the Trading Room: HappyTrading January 13, 2009 7:18 AMmarket things [...]
Market Forecast for Week of 10/8 (Part II): Sector Watch
October 7, 2007 – 2:37 pm
HGX (housing) I am finding HGX interesting because its has caught its daily upper BB and is pushing it higher. The daily MAs are starting to turn up also. Personally, I’m not looking for specific plays in this sector. However, I do think it is useful to keep an eye on how the sector is [...]
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