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Category Archives: CELG

Market Forecast + Sector Watch: SPX, Nasdaq, UUP, GLD, XLF, BTK, AIG, AET, UNH, SLXP, NUVA, CELG, AMGN, OSIP, GENZ, PRU

Last weekend, in my Market Forecast, I said, "For the new week, as mentioned last weekend, SPX 1120 will be the nearest resistance.  The market has rallied quite far.  Unless, there are really positive news to help push the market higher, SPX 1130 could be a tough resistance beyond the 1120.  So, if SPX 1130 cannot [...]

Market Forecast + Sector Watch + Weekly Wrap: SPX, Nasdaq, UUP, GLD, USO, BTK

Last weekend, in my Market Forecast, I wrote: "For the new week, if SPX can push above 1080, the market could rally higher to test 1100.  Above 1100, 1120 is the next resistance.  Tech stocks should continue higher if the market environment is strong.  Gold is ready to push higher.  We’ll also be watching to [...]

Housing And Biotech Stocks Rally: SPX, Nasdaq, DHI, MDC, TOL, PHM, CELG, GENZ, OSIP, CEPH, XNPT, CTRP, SOLR, NETL, CSCO, V, BRCM, YUM

This morning, pending home sales numbers came in better than expected.  In addition, DHI reported its first profittable quarter in 3 years!  Housing stocks were very strong:  DHI +10.92%, MDC +7.73%, TOL +3.59%, PHM +7.48%.  Biotechs also had a good day with the BTK breaking above 1000, yet another all-time high:  CELG +1.39%, GENZ +2.71%, [...]

Market Forecast + Sector Watch: SPX, Nasdaq, GLD, USO, XLF, BTK

Last weekend, in my Market Forecast, I wrote, "For the new week, we are seeing mixed signals on the market again, which means the market needs more time to consolidate.  With the MACD turning lower, we could see another couple of days of profit-taking in various sectors.  It will be important for SPX to hold [...]

Market Forecast + Sector Watch: SPX, Nasdaq, XME, XLF, SOXX, GLD

Last weekend, in my Market Forecast, I said, "For the new week, it looks like the market is trying to send the Fed a message before the FOMC meeting on Wednesday.  What the market is trying to show is the potential "double-dip" if the Fed pulls out liquidity measures too soon.  On Friday, the market will get the latest unemployment rate [...]

Biotechs Keeps Nasdaq In The Green: SPX, Nasdaq, CELG, AMGN, INCY, OSIP, AMAG, AIG, FNM, FRE, ESI, APOL, COCO, EDU

Last night, in my weekly Market Forecast, I mentioned that we’ll need to see some more "venting" in some of the commodity sectors.  Indeed today, we saw weakness in these sectors.  I also thought that coals and steels may not be done going up, although they also needed to let off more steam.  After the morning [...]

AAPL To $180? SPX, Nasdaq, AAPL, YHOO, FSLR, TSL, YGE, STP, AMGN, CELG, GENZ, HGSI, SPPI, MS, WFC, QCOM

The market was obviously nervous today ahead of AAPL and YHOO earnings.  After opening higher in the morning, the market drifted into the red.  AAPL traded down to just below $150/share.  But, soon after lunch, buyers came in again, and the market was able to finish higher.  Biotechs continued to be strong today.  HGSI jumped [...]

Market Bounces After Weak Open: SPX, Nasdaq, GS, V, MA, AXP, PRU, LFC, CELG, AMGN

The market opened on the weak side this morning, continuing the slide from last Thursday.  We cashed out our call play on SKF for a +49% gain.  This trade was opened last Thursday and closed today: July 02, 2009 12:04 | HappyTrading SKF ($44.20) Bought to Open SYJGR Jul 45 calls, at $2.35 July 06, [...]

Broad-Based Rally Pushes Market Higher: SPX, Nasdaq, CELG, OSIP, AMGN, AMAG, LLY, POT, MOS, CF, PALM

The market was strong right from the start, and continued the upward momentum until the close.  Strength was present across the board.  The biotech sector broke out of its recent range today (mentioned in the Sector Watch this weekend):  CELG +2%, OSIP +5.32%, AMGN +1.78%, AMAG +3.58%, LLY +5.12%. After the market, PALM reported better-than-expected earnings [...]

Chinese Stocks On Fire, Again! SPX, Nasdaq, STP, YGE, LDK, SOLF, TSL, ACH, CHA, SOHU, CELG

from MyHappyTrading.com by HappyTrading! ™ Sign up for FREE membership! After a gap-down open, the market quickly worked itself up to green before the first trading hour had passed.  New housing and manufactoring data seemed to fuel more optimism.  Favorable anticipation of what the world leaders at the G20 summit would reveal to help solve the [...]