September 22, 2008 – 4:30 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership!
As Congress brooded over the bail out plan for the credit crisis, the market continued with its wild swings. The market opened down and continued lower…and lower…and then, lower, until the close. Financials and techs led the downward slide. Techs were especially weak, giving back all […]
August 11, 2008 – 5:59 pm
from MyHappyTrading.com (by HappyTrading)
First trading day on the new site, and we’ve got bagger (+100%) trades to show. The market was strong most of the day. The Dow slipped into the red briefly in the afternoon, but, was able to come right back to close in the green. Techs led the market again, and the commodity-related […]
This weekend, in my Market Forecast, I said,
“The market is fighting to make this recovery stick. Nasdaq tested its daily upper BB last week and its 10-day MA has gone above the 30-day MA. The 20-day MA has turned up. SPX, on the other hand, is seeing the 10-day MA above the 20-day MA, but, […]
By HappyTrading
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Also posted in GOOG, Nasdaq, AAPL, RIMM, JPM, SPX, CSCO, PCLN, PRU, FNM, WB
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Yesterday, on the member board, with 1 hour left in trading, I said:
HappyTrading
Posted July 23, 2008 at 12:04 pm | Permalink (Edit)
I’m starting to go cash!
This was because many of the tech and financials stocks were showing short-term tops. Yesterday, after the market BIDU, AMZN, and QCOM reported good earnings and news. The […]
The market was solid all day today, and kept the rally going. Commodities were once again weak and the oil prices fell further. Techs led the market, although biotechs took a breather. CME, mentioned yesterday, went up another +6.65%, or $24.35, closing above $390! Among our members, angar held on to this […]
Despite the high CPI, the market rallied today, in a big way! Even though CPI came in higher than expected, the market chose to focus on the good news. Wells Fargo (WFC) reported strong quarterly results and raised its dividend. WFC shares jumped +32.76% and led the whole financial sector on a […]
By HappyTrading
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Also posted in EBAY, GS, GOOG, Nasdaq, RIMM, JPM, SPX, BIDU, SPWR, MA, MER, WFC
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The market was a bit volatile in the morning, but the techs were strong enough to push the market to close with some solid gains. Yesterday, in my Market Forecast, I said, “We are also seeing money being rotated. Techs are now looking better than the overall market.” This morning, on the member […]
January 2, 2008 – 6:53 pm
The market opened higher, but, quickly faded into the red. The market tried to bounce in the early afternoon, but, slid back some to the close. The Dow lost 220.86 points; SPX gave up 21.20 points; Nasdaq stumbled 42.65 points.
The big news today were, of course, record-high oil and gold! Oil prices […]
December 27, 2007 – 6:25 pm
The market started out on the negative side and continued to slide to the close, and finally let off some steam. We cashed out on many positions early today. Again the remaining GOOG and BIDU positions were very profittable:
POT Jan 135 calls, PYPAG, at $15, +42.9% (all out)
AAPL Jan 200 calls, APVAT, at […]
November 19, 2007 – 7:44 pm
Hello! I’m writing to you from Lake Tahoe, taking a little semi-vacation for Thanksgiving.
High volatility seems to be the norm these days. A “happy” member had a pretty good description for the market today:
“This market = a chicken running around with its head cut off” - Conceivable
The market started the day […]
![[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)
