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 [...]
Category Archives: BRCM
Market Tests SPX 1100 Again! SPX, Nasdaq, HPQ, COMS, JDSU, BRCD, BRCM, JNPR, IBM, CSCO, CTRP, GLD, GOOG
November 11, 2009 – 8:48 pm
On Monday, in my evening article, I said, "The market had a really strong day today and we could see some profit-taking tomorrow. SPX 1100 could be tested, but, I think we might need a couple of more days before breaking above that level." Isn’t it funny how a couple of sentences can sum up the market [...]
Market Dives On Weak Data: SPX, Nasdaq, QCOM, BRCM, AAPL, GOOG, BIDU, FSLR, NWSA
October 1, 2009 – 8:18 pm
The market opened lower this morning and continued to slide until the close. A few new economic data that came out today were worse than expected, including manufacturing and jobless claims reports. VIX jumped to close above 28. Last Friday, in our Trading Room, I commented: September 25, 2009 7:12 AM market this is a market in [...]
Market Mojo
August 11, 2009 – 1:05 pm
Wanted to share with you all a recent article I wrote (below), very brief. Also, to let you know some of the solid winners we’ve been posting of late on happy trading: August 10, 2009 07:32 | Bagger Vance AKAM ($19.76) Sold to Close UMUIR Sep 18 calls, at $2.15 +105% July 30, 2009 06:31 [...]
Techs & Miners Hold The Market Up: SPX, Nasdaq, X, FCX, ATI, CCJ, TXN, BRCM, SNDK, MRVL, BLK
June 9, 2009 – 7:20 pm
This weekend, in my Market Forecast, I mentioned that "[t]he market might start out the week slowly" and "e could see some more profit-taking in the techs and the miners". Yesterday, we saw profit-taking in techs and miners, and, the market ended flat. Today, techs and miners came back up, and, the market still ended [...]
Market Bounces On Stimulus Package: SPX, Nasdaq, MA, APA, ESI, APOL, RIMM, VMC, PCLN, BRCM, QCOM
January 15, 2009 – 8:16 pm
from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market opened lower and continued down in the morning. I sold my puts and started watching for new opportunities as I commented in the Trade Room: HappyTrading January 15, 2009 7:37 AMshort plays might want to lock in profits and wait for the afternoon to [...]
Techs Rise In Unstable Market: SPX, Nasdaq, BRCM, QCOM, VZ, CMTL, ADCT
June 4, 2008 – 5:34 pm
The market was again volatile today. It was stronger in the morning, but, like yesterday, sellers came in in the afternoon. The techs were able to hang on to solid gains, though. The Dow finished down 12.37 points; SPX slid just 0.45 points; Nasdaq gained +22.66 points: XLF (financials) slipped again today, down 0.62%. XME [...]
Market Clearing The Bar! SPX, Nasdaq, LEH, GS, GOOG, BIDU, ISRG, IBM, CSCO, HPQ, BRCM, QCOM
April 1, 2008 – 4:12 pm
This weekend, in my Market Forecast, I said, “For the new week, I think the market is in a good position to continue what it started early last week. We’ll again be watching to see if the market can rally above SPX 1340 and Nasdaq 2300. If it does, the important thing this week is [...]
Review 1/24/08: SPX, Nasdaq, POT, BRCM, JNPR, MSFT
January 24, 2008 – 5:53 pm
The market started out with a jump today, following yesterday’s fantastic reversal. Before the market opened, I sent out a list of stocks that I felt good about (Time stamps are in PST, US West Coast Time): HappyTrading Posted January 24, 2008 at 6:22 am | Permalink (Edit) Watching GLD, GDX, AEM, ABX MOO, POT, [...]
Review 9/13/07: SPX, Nasdaq, QCOM, BRCM, RIMM, BIDU, SNDA
September 13, 2007 – 5:13 pm
Yesterday, I said, “I think the market is in a position to have a good rally tomorrow to get the 20-day MA above the 30-day MA!” Well, we did get a rally and the market now has the 20-day MA above the 30-day MA! The rally, though, was somewhat muted, especially among the techs. The [...]
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