Skip navigation

Category Archives: C

AAPL Delivers Blowout Earnings! SPX, Nasdaq, GS, C, AIG, RIG, DO, SLB, NOV, AAPL, ALTR, BRCM, JNPR

The market was very strong today, led by the energy stocks.  Oil bounced today and oil services stocks beckoned inverstors back in.  RIG added +4.24%, with an additional news of a successful trading debut on the Swiss Exchange.  SLB was up +4%; DO bounced +3.88%; and, NOV rose +3.53%.  It does look like this sector [...]

Financials Help S&P 500 To New High! SPX, Nasdaq, GS, C, PNC, STI, V, MA, RIMM, GOOG, AMZN, AAPL, FSLR, STP, TSL

Financials stayed strong today and helped to push S&P 500 to a new 17-month closing high!  In my Market Forecast this weekend, I said, "… the market has gone quite far, so it may need a breather through the mid-week.  If the market can hold its altitude while letting off some steam, we could see [...]

Market Takes Time To Breathe: SPX, Nasdaq, GS, MA, V, AIG, C, FNM, FRE, AAPL, BIDU, ITMN, FACT, CSCO

This weekend, in my Market Forecast, I said, "…the market has gone quite far, so it may need a breather through the mid-week."  This is what the market is doing right now, basically trading sideways.  Still, there are pockets of new breakouts.  Financials continued to be strong with GS briefly topping over $172 per share, [...]

Weekly Wrap + Market Forecast + Sector Watch: SPX, Nasdaq, XLF, UUP, GLD, XME, GS, GOOG, AXP, C, IBM, CSX, UNP

Happy MLK Day!  Hope you’ve had a nice long weekend! Last weekend, in my Market Forecast, I wrote: "For the new week, the market still looks strong, but, will have to be supported by good earnings.  Breaking and staying above SPX 1150 could be a psychological blow to the shorts.  Steel stocks may have run a bit [...]

Energy Stocks Jump On Merger! SPX, Nasdaq, XOM, XTO, APA, DVN, UPL, ECA, CSIQ, TSL, SOLF, LDK, C, WFC, V, MA, COF, BAC, C, WFC

Last night, Dubai received a $10 billion bailout from Abu Dhabi.  This morning, XOM announced a $31 billion deal to buy XTO, sending XTO stock up more than +15%!  Other stocks in the energy sector jumped as well:  APA +4.09%, DVN +4.55%, UPL +3.78%, ECA +4.99%.  Besides natural gas companies, solar stocks were also up:  [...]

Bank Stocks Up After Stress Test (Part I)

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! Just a quick note after the official release of the Bank Stress Test. Here are some stocks jumping in after-hours: BAC STT (no addtional capital needed) GS C (less additional capital than expected) FITB HBAN PNC HIG AXP (no addtional capital needed) USB (no addtional [...]

Techs Lead The Market Higher! SPX, Nasdaq, JPM, GOOG, RIMM, AAPL, C

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! This morning, the market had a muted reaction to JPM’s earnings, which beat the estimates.  After some late morning weakness, the market strengthened and pushed higher.  Techs were particularly strong, anticipating a good quarter from GOOG.  GOOG closed up +2.43%.  RIMM jumped +5.65%.  AAPL gained [...]

Financials Lead The Market Lower! SPX, Nasdaq, BAC, GS, C, AAPL, CYPB, FRX

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market was very weak today, starting with bad retail numbers.  More problems in the financials sector kept extra pressure on the market.  C tumbled more than 23%, closing at $4.53.  BAC lost 4.23% and fell below $10/share after the market as reports stated that the [...]

Financials Lead The Market Lower: SPX, Nasdaq, WFC, BAC, JPM, C, PNC, COF, SKF

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! The market hung around flat to higher for most of the day.  But, in the last 2 hours, it finally succumbed to the pressure of profit-taking in the energy and commodity-related sectors.  The market struggled while political drama over the rescue plan for the automakers [...]

Market Rebounds, But, No Bottom Yet! SPX, Nasdaq, WFC, BAC, PRU, C, JPM, RIG, DO, USO

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! It another roller-coaster day!  The market was encouraged in the morning by GE‘s promise to keep its dividend and traded higher in the morning.  By lunch time, the momentum started to turn.  The market was also discouraged by the auto sales numbers in November and briefly [...]