Skip navigation

Category Archives: BA

Market Pulls Back On Latest Economic Data: SPX, Nasdaq, GLW, BA, RIMM, V, AKAM, ESRX, GENZ, AZN

The market pulled back today after seeing the reported durable goods numbers were lower than expected.  Investors may also be cautious ahead of the jobless claims report tomorrow and the GDP on Friday.  This morning, GLW reported solid earnings, but, the forward guidance failed to inspire investors.  GLW was down 1.89%.  BA shares also slupmed [...]

Market Breaks Above Key Resistance! SPX, Nasdaq, RIMM, AAPL, AMZN, GOOG, CLF, WLT, BHP, JOYG, BUCY, DO, RIG, BP, APC, APA, PCP, BA, BBY, MA, V

Once again, the afternoon weakness, that occurred yesterday, turned out to be another shakeout!  Today, the market cooked up a broadbased rally.  So far, the market has behaved exactly as discussed in my Market Forecast this weekend.  Techs were very strong today.  RIMM led the charge with a +5.85% gain, while AAPL, AMZN, GOOG added [...]

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, XME, XLF, INX2, QCOM, AMGN, EBAY, FFIV, SNDK, MEE, EMC, FCX, BA, MCD, AAPL, IBM, BTU, AMZN, MSFT, MDC, PCX

Last weekend, in my Market Forecast, I wrote: "For the new week, the help that eurozone governments have committed to Greece should inspire the market to a strong start.  We could easily see SPX 1200 tested.  Nasdaq can rise to test 2480.  We’ll also see the beginning of the earnings season, with AA reporting after [...]

Thursday Wrap-Up: AIG Leads The Market Back To Green!

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 [...]

Oil Drops, Airlines Soar! SPX, Nasdaq, PTR, SNP, MOS, POT, CF, PCX, CNX, MEE, DAL, UAUA, CAL, NWA, BA

The market saw buyers coming back in today as oil fell $4.75! China announced that it will raise gasoline and diesel fuel prices by 16% and 18%, respectively. This news prompted PTR and SNP to capture solid gaines. PTR traded as high as $146.25, but, closed at $140.49, up +4.43%; while SNP shot up to [...]

Review 8/28/07: SPX, Nasdaq, STX, NCTY, LEND, BA

It was an ugly day on the market. House prices fell and consumer confidence was lower. The market started down and continued to bleed until the close. SPX dropped 34.43 points; Nasdaq lost more than 60; and the Dow gave up more than 280 points!! VIX jumped 15.76%! We did pretty well, though, considering the [...]