December 6, 2009 – 9:36 pm
Last weekend, in my Market Forecast, I wrote:
"Both SPX and Nasdaq were rising back above their daily MAs, until Friday when the Dubai news spooked the market. VIX jumped to test 26 on Friday and closed just below 25. However, SPX’s daily MAs have just developed into a new bullish formation! There are still some […]
By HappyTrading
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Also posted in GS, SOXX, JPM, INTC, GLD, XLF, XOM, MRVL, BRCM, TXN, CVX, ALTR, XLE, WFC, BAC
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The market opened lower and got weaker as the day went. After 2 days of gains, the market was ready to take a breather. AIG’s horrific quarterly results gave the market more of a reason to take some money off the table. AIG shares fell more than 18% today. C’s multi-billion […]
The market was mixed today, with techs rallying higher. LEH reported a quarterly loss of nearly $3 billion, but, the news was already out last week. LEH shares rebounded +5.39% today, as there were no bad suprises. GS traded as high as $184.75 from Friday’s close of $178.29, and finished at $182.09. […]
Today was a BIG MONEY $$$$$ DAY for us! Even though the market was just flat, we were in the right places at the right time.
First of all, 2 big earnings plays: FLR and CSIQ
As mentioned last night, FLR reported stellar earnings. This trade was brought to us by one of […]
By HappyTrading
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Also posted in Uncategorized, Nasdaq, AAPL, SPX, BIDU, FSLR, PBW, CSIQ, APA, BTU, CNX, FLR, OII
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February 12, 2008 – 4:47 pm
The market started out high, as Buffett offered to help bond insurers. But, it slowly faded, until the techs lost their lead. The market is still hanging on, though. The Dow closed up +133.4 points: SPX added +9.73 points; and Nasdaq closed flat.
Here’s how the market looked at the close:
Commodities were weak […]
November 14, 2007 – 7:27 pm
Yesterday, I talked about how both SPX and Nasdaq have their daily MAs in a “bearish” formation, and that it is still prudent to be cautious, even though we had a very strong bounce. Today, the market opened high and slowly went lower, and lower. The Dow closed down 76.08 points; SPX gave […]
August 14, 2007 – 6:49 pm
That was an ugle day!! The major indices broke below their support levels and made their lowest close in months! The Dow lost more than 200 points; SPX gave up more than 25; and, Nasdaq dropped more than 40 points!!
SOX took a hit also, -11.21 points. XLF closed below 33, a support […]
This is a post to demonstrate the kind of individual analyses to be seen only on the “private membership” site!
AMAT
AMAT broke above the resistance at 21.75 to close at 22.02 today and made a new all-time high of 22.12. This is a bullish move and could send AMAT higher before its earnings on 8/14.
We […]
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_6.gif)
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_6.gif)
