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Category Archives: BIIB


Oil Falls, Financials Jump! SPX, Nasdaq, MA, MER, PRU, CELG, SVNT, BIIB, GENZ, AA

July 8, 2008 – 5:44 pm

The market started out flat, but, continued to gain strength through out the day. Oil fell again, by more than $5 today. The financials reversed their morning weakness and led the market up straight to the close. XLF jumped +6.48% and closed above $20 (the support level that we’ve been looking at). […]

By HappyTrading | Also posted in AA, GENZ, Nasdaq, SPX, CELG, MA, MER, PRU, SVNT | Comments (0)

Market Bounces!! SPX, Nasdaq, AAPL, RIMM, DNA, AMGN, BIIB, CELG, SLB, NOV, FLR, GMXR, CHK

July 1, 2008 – 5:19 pm

The overall market was very weak in the morning. Then, after lunch, things started to bounce. AAPL and RIMM led the techs. AAPL added +4.32% while RIMM garnered +5.45%. The biotechs were strong today. CELG jumped +8.44%, or $5.39, as SuperGen Inc, a competitor, drug trial failed. DNA, mentioned […]

By HappyTrading | Also posted in Nasdaq, AAPL, RIMM, SPX, CELG, NOV, AMGN, DNA, SLB, FLR, GMXR, CHK | Comments (0)

Review 12/12/07: SPX, Nasdaq, BIIB, DO, RIG, SLB

December 12, 2007 – 7:07 pm

This morning, the market opened up sharply, almost completely erasing yesterday’s loss, as the Fed announced further plans to deal with credit problems. But, the big gains quickly faded.
Yesterday, I said, “The market now could slide further to test the 20-day MA (the cyan line). On the other hand, this quick drop might give […]

By HappyTrading | Also posted in DO, RIG, SLB | Comments (1)

Review 12/11/07: SPX, Nasdaq, STM, GNSS, T, CSCO, JNPR, BIIB

December 11, 2007 – 5:10 pm

Well, the market didn’t get what it wanted from the Fed, who lowered the federal funds rate by only one-quarter percentage. Immediately after the rate announcement, the market dropped sharply and continued the slide all the way to the close. The Dow ended down almost 300 points; SPX stumbled 38.31 points; and Nasdaq […]

By HappyTrading | Also posted in Uncategorized, CSCO, STM, GNSS, T, JNPR | Comments (2)